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   "@id": "https://wulfkaal.github.io/claims/kaal-2013-acomparativeperspectiveo-023",
   "identifier": "kaal:claim:kaal-2013-acomparativeperspectiveo-023",
   "text": "Cost increases and path dependencies may make it nearly impossible to relax the close to insurmountable standard for liability in oversight cases.",
   "abstract": "Moreover, cost increases and path dependencies may make it nearly impossible to relax the close to insurmountable standard for liability in oversight cases.",
   "citation": "Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)",
   "datePublished": "2013",
   "claim_type": "failure",
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   "text": "In the current model of stable rulemaking, path dependencies lead rulemakers to act on a boundedly rational assumption that they already control sufficient information for rulemaking.",
   "abstract": "In the current model of stable rulemaking, path dependencies may lead rulemakers to act based on a bound- edly rational assumption of control over sufficient information for rulemak- ing.",
   "citation": "Kaal, Dynamic Regulation via Governmental Contracts (2014)",
   "datePublished": "2014",
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   "text": "The historically evolved rulemaking infrastructure could cope with its own collective action problems, regulatory cycles, and trial-and-error rulemaking without major disruption because the scope of regulatory issues was limited and institutional designs were consensus driven.",
   "abstract": "issues.80 Because of the limited scope of regulatory issues and the need for consensus- driven institutional designs, the historically evolved infrastructure for rulemaking could cope with its inherent collective action problems,81 regulatory cycles,82 and trial-and-error",
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   "text": "Despite their insufficient anticipatory capabilities and known downsides, stable and presumptively optimal rules remain the uniform response to perceived regulatory issues.",
   "abstract": "amendments, and repeals to address such shortcomings. Despite its insufficient anticipatory capabilities and all the downsides that are associated with it, stable and presumptively optimal rules remain the uniform response to perceived regulatory issues.94",
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   "text": "A core problem for most regulation is its inaccurate and delayed timing, which follows from the collective action problem of regulation, path dependencies, and political inertia rather than from any single institutional defect.",
   "abstract": "Dynamic elements in rulemaking can help optimize the timing of rule enactment. A core problem for most regulation is its inaccurate and delayed timing. Because of the collective action problem of regulation, path dependencies, and political inertia, among",
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   "text": "A DAO focus on the value enhancement of fungible tokens can produce short termism and lead the organization to ignore ethical and governance issues.",
   "abstract": "Yet, the focus on the value enhancement of fungible tokens can lead to short termism and may ignore ethical and governance issues.",
   "citation": "Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481",
   "datePublished": "2020",
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   "text": "DAO developers are themselves subject to path dependencies that undermine the evolution of decentralized DAO designs, because the communication structures of the developing organization invariably shape future designs.",
   "abstract": "DAO developers are also subject to path dependencies which undermines the evolution of decentralized DAO designs. The communication structures in organizations will invariably influence future designs.",
   "citation": "Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481",
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   "text": "Because DAO performance assessment is based on optimizing fungible token value rather than on hierarchical or political processes, the focus on token value enhancement can lead to short termism and may cause ethical and governance issues to be ignored.",
   "abstract": "Yet, the focus on the value en- hancement of fungible tokens can lead to short-termism and may ignore ethical and governance issues.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201",
   "datePublished": "2021",
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   "text": "Path dependencies are a major obstacle to decentralizing institutions and businesses, because humans have psychological inertia and cling to familiar systems, especially those that have given them comfort in the past.",
   "abstract": "Path dependencies create a major obstacle to decentralizing our institutions and businesses. Humans have psychological inertia, and cling to any familiar system, but especially those that have given them comfort in the past.",
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   "text": "Because the instruments of scientific development and research are themselves centralized, the scientific consensus they produce is naturally centralized as well.",
   "abstract": "The centralized nature of instruments of scientific development and research results in naturally centralized scientific consensus.",
   "citation": "Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852",
   "datePublished": "2021",
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   "text": "Societal path dependencies toward hierarchy and top-down command and control impose significant obstacles on organizational decentralization, hindering the transition of power from governments and large hierarchical organizations to the edges.",
   "abstract": "Because of these societal path dependencies, organizational decentralization is subject to significant obstacles that hinder the transition of power from governments and large hierarchical organizations to the edges.",
   "citation": "Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852",
   "datePublished": "2021",
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   "text": "DAO developers are subject to path dependencies that undermine the evolution of decentralized DAO designs, because the communication structures of the organizations that design systems invariably shape future designs.",
   "abstract": "DAO developers are also subject to path dependencies which undermine the evolution of decentralized DAO designs. The communication structures in organizations will invariably influence future designs.11",
   "citation": "Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852",
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   "text": "Because of significant path dependencies in the capital formation and capital allocation processes of existing venture capital models, the ideal typical reputation based capital allocation model is less likely to be created in the short term.",
   "abstract": "because of significant path dependencies in the capital formation and capital allocation process with existing venture capital models, the above illustrated ideal-typical reputation-based capital allocation model in Figure 1 is less likely to be created in the short term.",
   "citation": "Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614",
   "datePublished": "2021",
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 "description": "13 claims in the published works of Wulf A. Kaal carry the concept tag 'path-dependency'. Derived node: a roster, not an adjudicated definition."
}