{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/pricing",
 "identifier": "kaal:entity:pricing",
 "name": "Pricing",
 "termCode": "pricing",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
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 "sha256": "b434ef7c90e6ae879efebc612391963e6c58c1c166d9b4da8815af8ddd49536f",
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   "name": "status",
   "value": "derived"
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   "value": 4
  },
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   "value": 4
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   "value": [
    "2012",
    "2026"
   ]
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 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2061166-030",
   "identifier": "kaal:claim:2061166-030",
   "text": "The authors posit an inverse relationship between trigger uncertainty and market development: as the uncertainty generated by trigger designs increases, issuance volume of contingent capital securities falls, while the risk and the pre-conversion interest rate on those securities rises.",
   "abstract": "Line 1 shows that, as the uncertainty generated by the trigger designs increases, the volume of CCS could decrease. Line 2 suggests that risk and the interest rates of CCS (before conversion) will increase with the level of uncertainty in the trigger design",
   "citation": "Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166",
   "datePublished": "2012",
   "claim_type": "mechanism",
   "confidence": "speculative",
   "is_failure_mode": false,
   "scope_conditions": [
    "the interplay of trigger structure, uncertainty and market development has not been systematically studied"
   ],
   "source_pdf_sha256": "43625ea260d0fc045e86d3435df50c9d0ca4abf8542e6085a6165be6653b4a7b",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782198-013",
   "identifier": "kaal:claim:3782198-013",
   "text": "Because centralized owners control the platform software they control the market and can dictate prices, charging non transparent fees that adjust to real time supply and demand to maximize their own profit.",
   "abstract": "owners control this software and therefore control the market and can dictate prices. They don't charge transparent fees. They adjust to real-time information about supply and demand to maximize their profits.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198",
   "datePublished": "2021",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "applies to platform businesses such as ride sharing where the owner sets the matching software"
   ],
   "source_pdf_sha256": "e7e1378e3eed06cace6534e7792a7307d607d18bc6beb4ac45896476280728e4",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4685567-029",
   "identifier": "kaal:claim:4685567-029",
   "text": "Kaal adopts an indifference principle as the benchmark for a functioning impact certificate marketplace: a philanthropist should be indifferent between spending money to do a good deed and paying someone else to do it, provided the philanthropist receives the entire certificate for that deed.",
   "abstract": "in a perfect world of a functioning impact certificate marketplace, a philanthropist should be indifferent as to whether spending money to do a good deed or paying someone else to do it, provided the philanthropist gets the entire certificate for that good deed.",
   "citation": "Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567",
   "datePublished": "2024",
   "claim_type": "normative",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "certificates must be reliably attributable to the group that performed the activity",
    "a perfect world of a functioning impact certificate marketplace"
   ],
   "source_pdf_sha256": "87fb1be89d2661967ed2b0b673fe26448ded3bc3119b122177a4fc13ae5c085c",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/6607458-016",
   "identifier": "kaal:claim:6607458-016",
   "text": "Marginal cost collapse severs the price-cost relationship underlying competitive market theory: when additional realizations cost effectively nothing, the supply curve for realizations becomes horizontal at zero and pricing shifts to generative capacity.",
   "abstract": "The supply curve for realizations becomes horizontal at zero. Pricing in the computative domain attaches to generative capacity rather than to the realization.",
   "citation": "Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458",
   "datePublished": "2026",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "applies to information-intensive goods as generative infrastructure scales"
   ],
   "source_pdf_sha256": "75cca35350378eb8904866d068b5d2f3e1504629e6031457ce6c12152a88e3e8",
   "status": "current"
  }
 ],
 "description": "4 claims in the published works of Wulf A. Kaal carry the concept tag 'pricing'. Derived node: a roster, not an adjudicated definition."
}