kaal:position:2026-07-31-7920

7. Principal and agent states the retrieved proposition: Principals and agents have certain rights against each other which spring from their agency relationship, most of which may be contractual. Kaal's protected corpus separately states: Blockchain provides an alternative governance mechanism that eliminates agency costs, meaning the principal's cost of supervising agents, by creating trust in the contractual relationship between principal and agent. The defensible response is a qualification limited to the shared issue identified in the review rationale. This abstract-level comparison does not establish broader agreement, causation, empirical support, or equivalence.

Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.

Holds when

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: substantively reviewed abstract-level qualification.
Primary mapping confidence: 0.4833.
The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.
Crossref abstract-indexed proposition only; full text not independently reviewed.
Ambiguity is preserved because the review supports comparison, not equivalence or endorsement.

Current debate

7. Principal and agent

Scholarly basis

kaal:claim:3373393-018
Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393
Source PDF sha256: 4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e

Evidence and mapping

Evidence: abstract indexed
Review tier: substantively reviewed abstract-level qualification
Mapping confidence: 0.4833
Mapping ambiguous: true

Topics

blockchaincorporate-governancereputationgovernance-designhistorical-responsescholarly-literaturecrossref

Provenance

Affirmed in kaal-review:2026-07-31:streaming-etl-0011-reviewed-v3 on 2026-07-31. Review record.

Verify

Canonical markdown sha256: bcd31e48f3be29cf52b121d266e0861b75e961dda1eda026c80a2973d2e99b1d
curl -s https://wulfkaal.github.io/positions/2026-07-31-7920.md | sha256sum