# Policy design

`kaal:entity:policy-design`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `policy-design`. 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

5 claims across 5 works, 2010 to 2026.

**2010**

- [1664809-036](https://wulfkaal.github.io/claims/1664809-036) [design/argued] *(failure mode)* -- Exporting and imposing rules through extraterritorial reach could be counterproductive not only for US diplomacy but also for international cooperation in combating securities fraud, whereas cooperative mutual adjustment between the US and the EU is the better course.
  > Exporting and imposing rules through extraterritorial reach, on the other hand, could be counterproductive not only for US diplomacy but also for international cooperation in combating
  Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809

**2012**

- [1998455-039](https://wulfkaal.github.io/claims/1998455-039) [failure/argued] *(failure mode)* -- An outright retroactive charge for government subsidies or for actions taken by regulators could backfire, because it would legitimize the bailout and perpetuate its socially suboptimal consequences.
  > On the other hand, an outright retroactive charge for government subsi- dies or actions taken by regulators could actually legitimize the bailout and perpetuate its socially suboptimal consequences.
  Wulf A. Kaal, Initial Reflections on the Possible Application of Contingent Capital in Corporate Governance (2012). SSRN: https://ssrn.com/abstract=1998455

**2014**

- [2389423-011](https://wulfkaal.github.io/claims/2389423-011) [normative/argued] -- Based on these findings, adviser size may not matter as much for policy adjustments and SEC rule making as the hedge fund industry and its representatives have claimed.
  > Based on these findings, adviser size may not matter as much for policy adjustments and SEC rule making as the hedge fund industry and its representatives claimed.
  Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423

**2025**

- [5886442-024](https://wulfkaal.github.io/claims/5886442-024) [failure/argued] *(failure mode)* -- Nash's model, by presuming homo economicus unbound, overestimates human computational capacity and perpetuates a normative ideal that distorts policy and institutional design by justifying frictionless markets that never materialize in human systems.
  > Nash's model, by presuming homo economicus unbound, not only overestimates human computational capacity but perpetuates a normative ideal that distorts policy and institutional design, justifying frictionless markets that never materialize in human systems.
  Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

**2026**

- [6421319-036](https://wulfkaal.github.io/claims/6421319-036) [design/argued] -- Predistribution, which operates upstream by structuring markets and institutions so that AI gains are broadly shared before concentration occurs, must be implemented before AI capital concentration becomes self reinforcing through purchased political power.
  > Predistribution operates upstream, structuring markets and institutions so that the gains from AI are broadly shared before concentration occurs.
  Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319

## 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/policy-design.md | sha256sum

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