# Overhead institutions

`kaal:entity:overhead-institutions`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `overhead-institutions`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 1 works, 2021 to 2021.

**2021**

- [3782220-012](https://wulfkaal.github.io/claims/3782220-012) [failure/argued] *(failure mode)* -- Automating insurance away with smart contracts risks a race to the bottom, because foregoing insurance is more efficient in the short term for an individual, yet the resulting rare unprotected tragedies can chill the entire system.
  > we must avoid a race to the bottom. It's more efficient in the short term for an individual to forego any insurance, so some will outcompete others if they are lucky enough to avoid rare tragedies. But the rare unprotected tragedies can chill the entire system.
  Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220
- [3782220-014](https://wulfkaal.github.io/claims/3782220-014) [mechanism/argued] -- Overhead institutions such as insurance and policing act as catalysts supplying the activation energy that guarantees liquidity in both government and private business.
  > Overhead institutions, like insurance or policing, provide the catalyst activation energy to guarantee liquidity in business—both government and private.
  Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220
- [3782220-015](https://wulfkaal.github.io/claims/3782220-015) [design/asserted] -- Overhead institutions that protect or promote essentials should be governed and borne by the group, while those protecting nonessentials should be governed and borne privately, with each DAO deciding for itself what is essential to its function.
  > Overhead institutions to protect or promote essentials should be governed and borne by the group, protecting and promoting non- essentials should be governed and borne privately. Each DAO must decide what is es- sential to its function;
  Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/overhead-institutions.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.