# Renegotiation

`kaal:entity:renegotiation`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `renegotiation`. 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, 2021 to 2021.

**2021**

- [3782203-019](https://wulfkaal.github.io/claims/3782203-019) [failure/argued] *(failure mode)* -- Allowing periodic opportunities for renegotiation lets players escape the grim trigger trap, but it does not improve outcomes overall because it creates new incentives to defect and then gamble on talking one's way out of the punishment.
  > Or if you allow periodic opportunities for renegotiation, then you might be able to get out of a grim trigger trap. This sounds like it would improve outcomes, but in fact it gives new opportunities for defecting/cheating.
  Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203
- [3782205-029](https://wulfkaal.github.io/claims/3782205-029) [mechanism/argued] -- Renegotiating contracts every time the currency's value changes is expensive and continually and randomly punishes at least one of the contracting parties.
  > Renegotiating contracts whenever the currency changes is expensive, and continually and randomly punishes at least one of the parties.
  Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

## 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/renegotiation.md | sha256sum

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