{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/market-power",
 "identifier": "kaal:entity:market-power",
 "name": "Market power",
 "termCode": "market-power",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
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 "sha256": "a414141b4ea0d49849e8c4d5b77ef65eeb72af01775df5dbdeb9189e31fa2067",
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   "value": 3
  },
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   "value": 2
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   "value": [
    "2018",
    "2021"
   ]
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 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3227933-039",
   "identifier": "kaal:claim:3227933-039",
   "text": "Decentralized organization has not yet displaced the centralized world: traditional incumbents still enjoy enormous market power, and the success of more decentralized systems still depends on the goodwill of the parties involved.",
   "abstract": "Traditional incumbents still enjoy enormous market power and the \"success\" of more decentralized systems and organizations currently still depends on the goodwill of the parties involved.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933",
   "datePublished": "2018",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "current state, 2018"
   ],
   "source_pdf_sha256": "a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3949098-031",
   "identifier": "kaal:claim:3949098-031",
   "text": "Once its market position is solidified, the DAOIC could mandate that each token opportunity adopt decentralized governance mechanisms before the DAOIC begins reputation staking on it, using its market power to force governance reform.",
   "abstract": "It is conceivable that the DAOIC, over time, once its position in the market has been solidified, mandates the adoption of decentralized governance mechanisms (Calcaterra & Kaal et al (2019) for the governance of each token opportunity",
   "citation": "Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098",
   "datePublished": "2021",
   "claim_type": "predictive",
   "confidence": "speculative",
   "is_failure_mode": false,
   "scope_conditions": [
    "after the DAOIC has solidified its market position"
   ],
   "source_pdf_sha256": "04297905564a6092b2db7640561f58fd374d3114c79527357bad09d11b909819",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3949098-035",
   "identifier": "kaal:claim:3949098-035",
   "text": "If the DAOIC is perceived as having a market impact, it could significantly increase corruptive influences from other market players, which in turn increases the likelihood of regulatory intervention, so market neutrality is in the DAOIC's long term interest.",
   "abstract": "Should the DAOIC be perceived as having a market impact, it could significantly increase corruptive influences coming from other market players. This, in turn, increases the likelihood of regulatory interventions.",
   "citation": "Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098",
   "datePublished": "2021",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "DAOIC has proliferated and is visible to the market and regulators"
   ],
   "source_pdf_sha256": "04297905564a6092b2db7640561f58fd374d3114c79527357bad09d11b909819",
   "status": "current"
  }
 ],
 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'market-power'. Derived node: a roster, not an adjudicated definition."
}