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 "identifier": "kaal:entity:market-share",
 "name": "Market share",
 "termCode": "market-share",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/1806252-022",
   "identifier": "kaal:claim:1806252-022",
   "text": "Although hedge funds manage only a small proportion of the investment universe compared with banks, they do manage a proportionally large part of complex financial instruments such as CDOs and other derivatives.",
   "abstract": "However, it appears that hedge funds do manage a proportionally large part of complex financial instruments, such as CDOs and other derivatives.",
   "citation": "Kaal, Hedge Fund Regulation Via Basel III (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1806252",
   "datePublished": "2011",
   "claim_type": "empirical",
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/1806252-023",
   "identifier": "kaal:claim:1806252-023",
   "text": "British Bankers' Association data show that since 2000 hedge funds steadily increased their share of the credit derivatives market while banks' role in that market progressively declined.",
   "abstract": "Table 1 shows that since 2000, hedge funds have steadily increased their share in the credit derivatives market while banks' role in the market for credit derivatives has progressively declined.",
   "citation": "Kaal, Hedge Fund Regulation Via Basel III (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1806252",
   "datePublished": "2011",
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    "data cover 2000 to 2006; the BBA discontinued the series in 2007"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2348463-004",
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   "text": "The proliferation of distressed-focused hedge funds gave hedge funds roughly one quarter of the total distressed-debt market and made the distressed-focused approach the fifth-largest hedge fund strategy.",
   "abstract": "The proliferation of distressed-focused hedge funds resulted in hedge funds' market share of around one quarter of the total distressed-debt market 3 and established the distressed-focused strategy as the fifth-largest hedge fund strategy.",
   "citation": "Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013). SSRN: https://ssrn.com/abstract=2348463",
   "datePublished": "2013",
   "claim_type": "empirical",
   "confidence": "evidenced",
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   "scope_conditions": [
    "United States distressed-debt market",
    "period through 2007"
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   "@id": "https://wulfkaal.github.io/claims/2998097-009",
   "identifier": "kaal:claim:2998097-009",
   "text": "Data on the credit derivatives market show that since 2000 private investment funds steadily increased their share of that market while banks' role declined, which supports shifting regulatory emphasis onto banks' lending exposure to those funds.",
   "abstract": "The data suggest that since 2000 private investment funds have steadily increased their share in the credit derivatives market while banks' role in the market for credit derivatives has declined.49 The increasing role of private",
   "citation": "Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097",
   "datePublished": "2017",
   "claim_type": "empirical",
   "confidence": "evidenced",
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   "scope_conditions": [
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   ],
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/6244278-035",
   "identifier": "kaal:claim:6244278-035",
   "text": "Decentralized institutional alignment is a competitive advantage and not merely an ethical one, because the most aligned system will be the most trusted and the most trusted will command the largest market.",
   "abstract": "The most aligned system will be the most trusted, and the most trusted will command the largest market. Decentralized alignment is not merely an ethical advantage. It is a competitive one.",
   "citation": "Wulf A. Kaal, AI's Mother's Instinct Engineered Consequence Emergent Ethics and the Institutional Trajectory Toward Agentic Alignment (2026). SSRN: https://ssrn.com/abstract=6244278",
   "datePublished": "2026",
   "claim_type": "predictive",
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    "assumes trust translates into market share in agentic AI"
   ],
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 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'market-share'. Derived node: a roster, not an adjudicated definition."
}