kaal:position:2026-07-31-5817

The nature of the decentralised autonomous organisation presents the following source proposition: A key finding is that for DAOs to function as claimed, they must effectively suppress agency costs through smart contracts and internal contestable markets. This proposition is pertinent to Kaal's source-bound claim that Blockchain based guarantees remove agency costs because principals become less essential for monitoring agents, which addresses the inherent agency problems in modern finance and corporate governance. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.

• The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.
• External evidence level: abstract indexed.
• Mapping review tier: moderate-confidence claim review.
• Primary mapping confidence: 0.3874.
• The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.

The nature of the decentralised autonomous organisation

kaal:claim:3782201-008
Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201
Source PDF sha256: bedf7bcfbb7a9b0112b5848cb0d941b1d41f330dafeee0143a30ff5e8aa53700

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3874
Mapping ambiguous: true

corporate-governancegovernance-designsmart-contractsblockchainhistorical-responsescholarly-literatureopenalex

Affirmed in kaal-review:2026-07-31:streaming-etl-0002 on 2026-07-31. Review record.

Canonical markdown sha256: f23a5ad6d928091c83201cdee88944ba98f73c27c70344bbd9535ab3ee1723fd
curl -s https://wulfkaal.github.io/positions/2026-07-31-5817.md | sha256sum