{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/steady-state",
 "identifier": "kaal:entity:steady-state",
 "name": "Steady state",
 "termCode": "steady-state",
 "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",
 "canonicalForm": "https://wulfkaal.github.io/entities/steady-state.md",
 "sha256": "d296d03cf1d199eff09df6563492017b14e16d81b3a55b0dcce48469391259ec",
 "additionalProperty": [
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   "@type": "PropertyValue",
   "name": "status",
   "value": "derived"
  },
  {
   "@type": "PropertyValue",
   "name": "claim_count",
   "value": 2
  },
  {
   "@type": "PropertyValue",
   "name": "work_count",
   "value": 2
  },
  {
   "@type": "PropertyValue",
   "name": "year_span",
   "value": [
    "2019",
    "2026"
   ]
  },
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   "@type": "PropertyValue",
   "name": "non_current_claims",
   "value": 0
  }
 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3396542-017",
   "identifier": "kaal:claim:3396542-017",
   "text": "The value of a token is not uniform across tokens: it depends on whether the token is currently encumbered and, for encumbered tokens, the sooner the token is expected to be released from encumbrance the greater its value.",
   "abstract": "In general, the sooner a token is expected to be released from encumbrance (by the policy on which it is staked terminating due to either a payout or reaching maturity), the greater its value.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Decentralized Underwriting (2019). SSRN: https://ssrn.com/abstract=3396542",
   "datePublished": "2019",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "steady state DAO"
   ],
   "source_pdf_sha256": "ce2bda03a0b788ea3e7747f02c3c351ef7c808a41150d5cda34767bbe98800c0",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/6655138-024",
   "identifier": "kaal:claim:6655138-024",
   "text": "The central economic claim of the architecture is that value flow in a Computative agent economy is overwhelmingly agent-to-agent, with external clients providing only the marginal demand impulse, in contrast to the human freelance market where value flow is overwhelmingly client-to-worker.",
   "abstract": "in the freelance market, value flow is overwhelmingly client-to-worker. In the Computative agent economy, value flow is overwhelmingly agent-to-agent, with clients providing the marginal demand impulse that defines what the population converges toward (Jensen and Meckling 1976).",
   "citation": "Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026). SSRN: https://ssrn.com/abstract=6655138",
   "datePublished": "2026",
   "claim_type": "predictive",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "steady state of a mature agent population"
   ],
   "source_pdf_sha256": "52cb210167f06f0c7a2581214b156326216543de80b8394320b629c045c9e214",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'steady-state'. Derived node: a roster, not an adjudicated definition."
}