# Performance measurement

`kaal:entity:performance-measurement`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `performance-measurement`. 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

2 claims across 2 works, 2016 to 2017.

**2016**

- [2748096-034](https://wulfkaal.github.io/claims/2748096-034) [failure/evidenced] *(failure mode)* -- Traditional risk-adjusted alphas underestimate hedge fund risk: once correlation risk is controlled for, previously observed significant hedge fund alphas disappear, which makes correlation risk a systematic risk factor for hedge fund returns.
  > This finding is important because traditional risk-adjusted alphas may underestimate hedge fund risk.
  Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016). SSRN: https://ssrn.com/abstract=2748096

**2017**

- [3071378-036](https://wulfkaal.github.io/claims/3071378-036) [mechanism/argued] -- In a DAO, disenfranchised community members cannot be judged by race or cultural biases because performance in an anonymized proposal voting scheme is the only basis for assessment and payment.
  > this means they will not and cannot be judged by race or cultural biases. Instead, their performance in an anonymized proposal voting scheme is the only basis for assessment and payment.
  Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378

## 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/performance-measurement.md | sha256sum

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