# Supply and demand

`kaal:entity:supply-and-demand`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `supply-and-demand`. 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

4 claims across 3 works, 2017 to 2024.

**2017**

- [3067615-006](https://wulfkaal.github.io/claims/3067615-006) [mechanism/argued] -- The pre-ICO price of a cryptocurrency is set arbitrarily by the start-up team that structured the offering, while post-ICO price dynamics are left to supply and demand determined by the network of participants rather than any central authority.
  > A cryptocurrencies' *"pre-ICO price" is arbitrarily determined by the start-up team that structured the ICO, 24 whereas the post-ICO price dynamics are determined by supply and demand.
  Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

**2024**

- [4900878-005](https://wulfkaal.github.io/claims/4900878-005) [failure/argued] *(failure mode)* -- The classical law of supply and demand fails because supply and demand curves cannot be measured independently and because economic interactions are intrinsically probabilistic rather than continuous and deterministic.
  > such as the impossibility of measuring supply or demand curves independently, the intrinsically probabilistic nature of economic interactions
  Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878
- [4900878-022](https://wulfkaal.github.io/claims/4900878-022) [design/asserted] -- Supply side mechanisms such as token burns, which permanently remove tokens from circulation, and staking, which locks tokens up in exchange for rewards, let a token economy balance supply and demand and thereby sustain stable growth.
  > By carefully designing these incentives, token economies can balance supply and demand, ensuring stable and sustainable growth.
  Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878
- [4900880-008](https://wulfkaal.github.io/claims/4900880-008) [failure/argued] *(failure mode)* -- The classical law of supply and demand fails on three specific grounds: supply and demand curves cannot be measured independently, economic interactions are intrinsically probabilistic, and goods and financial transactions are discrete rather than continuous.
  > However, this law faces several problems, such as the impossibility of measuring supply or demand curves independently, the intrinsically probabilistic nature of economic interactions, and the discrete nature of goods and financial transactions.
  Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

## 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/supply-and-demand.md | sha256sum

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