Nobel Economists - Revision history

Marcin: /* OSE Takeaways */

2026-04-11T17:13:53Z

OSE Takeaways

← Older revision		Revision as of 17:13, 11 April 2026
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	The OSE relevance column is effectively a governance layer for startup cities, so we should make sure to operationalize all the points for best results.		The OSE relevance column is effectively a governance layer for startup cities, so we should make sure to operationalize all the points for best results.

			=Links=
			*[[Wealth of Networks]]

Marcin at 17:06, 11 April 2026

2026-04-11T17:06:15Z

← Older revision		Revision as of 17:06, 11 April 2026
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	\| Defined when firms vs markets are efficient		\| Defined when firms vs markets are efficient
	\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm		\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm
	\| Define when to use peer production vs enterprise nodes vs external markets; minimize coordination costs in distributed enterprise. Vertical integration is generally desirable?		\| Define when to use peer production vs enterprise nodes vs external markets; minimize coordination costs in distributed enterprise. Vertical integration is generally desirable? Benkler's 'Coase's Penguin'

	\|-		\|-

Marcin at 17:05, 11 April 2026

2026-04-11T17:05:19Z

← Older revision		Revision as of 17:05, 11 April 2026
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	\| Defined when firms vs markets are efficient		\| Defined when firms vs markets are efficient
	\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm		\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm
	\| Define when to use peer production vs enterprise nodes vs external markets; minimize coordination costs in distributed enterprise		\| Define when to use peer production vs enterprise nodes vs external markets; minimize coordination costs in distributed enterprise. Vertical integration is generally desirable?

	\|-		\|-

Marcin: /* More */

2026-04-11T16:39:24Z

← Older revision		Revision as of 16:39, 11 April 2026
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	\|}		\|}
	=~~More~~=		=OSE Takeaways=

			The OSE relevance column is effectively a governance layer for startup cities, so we should make sure to operationalize all the points for best results.

Marcin at 16:34, 11 April 2026

2026-04-11T16:34:45Z

← Older revision		Revision as of 16:34, 11 April 2026
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	\| Knowledge as a driver of economic growth		\| Knowledge as a driver of economic growth
	\| https://en.wikipedia.org/wiki/Endogenous_growth_theory		\| https://en.wikipedia.org/wiki/Endogenous_growth_theory
	\| Treat open design as compounding capital; accelerate innovation through shared knowledge commons		\| Treat open design as compounding capital; accelerate innovation through shared knowledge commons. Startup cities.

	\|-		\|-

Marcin at 16:24, 11 April 2026

2026-04-11T16:24:36Z

← Older revision		Revision as of 16:24, 11 April 2026
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	A number of these appear to have sound implications for distributive economics and transformation, such as startup cities (Romer), commons governance (Ostrom)		A number of these appear to have sound implications for distributive economics and transformation, such as startup cities (Romer), commons governance (Ostrom)
	{\| class="wikitable"		{\| class="wikitable"
	! Economist !! Core Contribution !! Why Nobel-Grade !! Link		! Economist !! Core Contribution !! Why Nobel-Grade !! Link !! Relevance to OSE Distributive Economics

	\|-		\|-
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	\| Defined when firms vs markets are efficient		\| Defined when firms vs markets are efficient
	\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm		\| https://en.wikipedia.org/wiki/The_Nature_of_the_Firm
			\| Define when to use peer production vs enterprise nodes vs external markets; minimize coordination costs in distributed enterprise

	\|-		\|-
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	\| Predictive framework for governance structures		\| Predictive framework for governance structures
	\| https://en.wikipedia.org/wiki/Markets_and_Hierarchies		\| https://en.wikipedia.org/wiki/Markets_and_Hierarchies
			\| Design governance across distributed nodes (local builders, global design, federated production)

	\|-		\|-
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	\| Empirical design principles for shared resources		\| Empirical design principles for shared resources
	\| https://en.wikipedia.org/wiki/Governing_the_Commons		\| https://en.wikipedia.org/wiki/Governing_the_Commons
			\| Build open-source governance protocols to protect shared GVCS designs and prevent enclosure

	\|-		\|-
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	\| Knowledge as a driver of economic growth		\| Knowledge as a driver of economic growth
	\| https://en.wikipedia.org/wiki/Endogenous_growth_theory		\| https://en.wikipedia.org/wiki/Endogenous_growth_theory
			\| Treat open design as compounding capital; accelerate innovation through shared knowledge commons

	\|-		\|-
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	\| Quantified drivers of economic growth		\| Quantified drivers of economic growth
	\| https://en.wikipedia.org/wiki/Solow_model		\| https://en.wikipedia.org/wiki/Solow_model
			\| Measure productivity gains and cost reductions from open hardware and distributed production

	\|-		\|-
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	\| Designing systems for desired outcomes under constraints		\| Designing systems for desired outcomes under constraints
	\| https://en.wikipedia.org/wiki/Mechanism_design		\| https://en.wikipedia.org/wiki/Mechanism_design
			\| Design contribution, validation, and reward systems that align incentives without central control

	\|-		\|-
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	\| Conditions for achieving desired system outcomes		\| Conditions for achieving desired system outcomes
	\| https://en.wikipedia.org/wiki/Implementation_theory		\| https://en.wikipedia.org/wiki/Implementation_theory
			\| Ensure distributed contribution systems produce reliable, buildable outputs at scale

	\|-		\|-
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	\| Formalized alignment of incentives		\| Formalized alignment of incentives
	\| https://en.wikipedia.org/wiki/Mechanism_design		\| https://en.wikipedia.org/wiki/Mechanism_design
			\| Align incentives between contributors, builders, and enterprises in open production networks

	\|-		\|-
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	\| Realistic model of human decision-making		\| Realistic model of human decision-making
	\| https://en.wikipedia.org/wiki/Bounded_rationality		\| https://en.wikipedia.org/wiki/Bounded_rationality
			\| Design simple, modular tasks and AI-assisted workflows for scalable participation

	\|-		\|-
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	\| Showed how markets fail with imperfect information		\| Showed how markets fail with imperfect information
	\| https://en.wikipedia.org/wiki/The_Market_for_Lemons		\| https://en.wikipedia.org/wiki/The_Market_for_Lemons
			\| Reduce information asymmetry with transparent designs, open BOMs, and performance data

	\|-		\|-
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	\| How agents communicate hidden information		\| How agents communicate hidden information
	\| https://en.wikipedia.org/wiki/Signaling_(economics)		\| https://en.wikipedia.org/wiki/Signaling_(economics)
			\| Build reputation and credentialing systems for contributors (skill signals, build history)

	\|-		\|-
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	\| Market inefficiencies due to information gaps		\| Market inefficiencies due to information gaps
	\| https://en.wikipedia.org/wiki/Screening_(economics)		\| https://en.wikipedia.org/wiki/Screening_(economics)
			\| Create validation and vetting systems to identify high-quality designs and contributors

	\|}		\|}

	=More=		=More=

Marcin: /* More */

2026-04-11T16:23:47Z

← Older revision		Revision as of 16:23, 11 April 2026
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	=More=		=More=

	~~{\| class="wikitable"~~
	~~! Economist~~
	~~! Contribution~~
	~~! Why Nobel-grade~~
	~~! Link~~
	~~! Relevance to OSE~~

	\|-
	~~\| Ronald Coase~~
	~~\| Theory of the firm (transaction costs)~~
	~~\| Defined when firms vs markets are efficient~~
	~~\| https://en.wikipedia.org/wiki/Ronald_Coase~~
	~~\| Decide when to use peer production vs internal teams vs market procurement; minimize coordination costs~~

	\|-
	~~\| Oliver Williamson~~
	~~\| Transaction cost economics~~
	~~\| Formalized governance efficiency~~
	~~\| https://en.wikipedia.org/wiki/Oliver_E._Williamson~~
	~~\| Design governance structure for distributed enterprise nodes~~

	\|-
	~~\| Elinor Ostrom~~
	~~\| Commons governance principles~~
	~~\| Empirically validated design rules~~
	~~\| https://en.wikipedia.org/wiki/Elinor_Ostrom~~
	~~\| Create open governance protocols to protect GVCS from enclosure and fragmentation~~

	\|-
	~~\| Paul Romer~~
	~~\| Knowledge-driven growth~~
	~~\| Formalized increasing returns to ideas~~
	~~\| https://en.wikipedia.org/wiki/Paul_Romer~~
	~~\| Treat open design as compounding capital; maximize reuse of GVCS knowledge~~

	\|-
	~~\| Robert Solow~~
	~~\| Growth accounting~~
	~~\| Quantified productivity drivers~~
	~~\| https://en.wikipedia.org/wiki/Robert_Solow~~
	~~\| Measure productivity gains and cost reduction from open hardware~~

	\|-
	~~\| Leonid Hurwicz~~
	~~\| Mechanism design theory~~
	~~\| Formalized incentive-compatible systems~~
	~~\| https://en.wikipedia.org/wiki/Leonid_Hurwicz~~
	~~\| Design contribution and reward systems aligned without central control~~

	\|-
	~~\| Eric Maskin~~
	~~\| Mechanism design extension~~
	~~\| Applied incentive theory to real systems~~
	~~\| https://en.wikipedia.org/wiki/Eric_Maskin~~
	~~\| Build validation, reputation, and peer review systems~~

	\|-
	~~\| Jean Tirole~~
	~~\| Market power and regulation~~
	~~\| Explained firm incentives and dominance~~
	~~\| https://en.wikipedia.org/wiki/Jean_Tirole~~
	~~\| Design open business models competitive with incumbents~~

	\|-
	~~\| Friedrich Hayek~~
	~~\| Distributed knowledge theory~~
	~~\| Showed limits of central planning~~
	~~\| https://en.wikipedia.org/wiki/Friedrich_Hayek~~
	~~\| Design decentralized swarm-based production systems~~

	\|-
	~~\| Herbert Simon~~
	~~\| Bounded rationality~~
	~~\| Realistic model of human decision-making~~
	~~\| https://en.wikipedia.org/wiki/Herbert_A._Simon~~
	~~\| Design simple, modular, AI-assisted workflows for contributors~~

	\|}

Marcin: /* More */

2026-04-11T16:22:26Z

← Older revision		Revision as of 16:22, 11 April 2026
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	=More=		=More=

	{\| class="wikitable"		{\| class="wikitable"
	! Economist		! Economist
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	\|-		\|-
	\| ~~:contentReference[oaicite:0]{index=0}~~		\| Ronald Coase
	\| Theory of the firm (transaction costs)		\| Theory of the firm (transaction costs)
	\| Defined when firms vs markets are efficient		\| Defined when firms vs markets are efficient
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	\|-		\|-
	\| ~~:contentReference[oaicite:1]{index=1}~~		\| Oliver Williamson
	\| Transaction cost economics		\| Transaction cost economics
	\| Formalized governance efficiency		\| Formalized governance efficiency
	\| https://en.wikipedia.org/wiki/Oliver_E._Williamson		\| https://en.wikipedia.org/wiki/Oliver_E._Williamson
	\| Design governance structure for distributed enterprise nodes ~~(centralized vs federated vs modular)~~		\| Design governance structure for distributed enterprise nodes

	\|-		\|-
	\| ~~:contentReference[oaicite:2]{index=2}~~		\| Elinor Ostrom
	\| Commons governance principles		\| Commons governance principles
	\| Empirically validated design rules		\| Empirically validated design rules
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	\|-		\|-
	\| ~~:contentReference[oaicite:3]{index=3}~~		\| Paul Romer
	\| Knowledge-driven growth		\| Knowledge-driven growth
	\| Formalized increasing returns to ideas		\| Formalized increasing returns to ideas
	\| https://en.wikipedia.org/wiki/Paul_Romer		\| https://en.wikipedia.org/wiki/Paul_Romer
	\| Treat open design as compounding capital; maximize reuse ~~and iteration~~ of GVCS knowledge		\| Treat open design as compounding capital; maximize reuse of GVCS knowledge

	\|-		\|-
	\| ~~:contentReference[oaicite:4]{index=4}~~		\| Robert Solow
	\| Growth accounting		\| Growth accounting
	\| Quantified drivers ~~of productivity~~		\| Quantified productivity drivers
	\| https://en.wikipedia.org/wiki/Robert_Solow		\| https://en.wikipedia.org/wiki/Robert_Solow
	\| Measure productivity gains and cost reduction from open hardware ~~and distributed enterprise~~		\| Measure productivity gains and cost reduction from open hardware

	\|-		\|-
	\| ~~:contentReference[oaicite:5]{index=5}~~		\| Leonid Hurwicz
	\| Mechanism design theory		\| Mechanism design theory
	\| Formalized incentive-compatible systems		\| Formalized incentive-compatible systems
	\| https://en.wikipedia.org/wiki/Leonid_Hurwicz		\| https://en.wikipedia.org/wiki/Leonid_Hurwicz
	\| Design contribution and reward systems ~~so participants act in alignment~~ without central control		\| Design contribution and reward systems aligned without central control

	\|-		\|-
	\| ~~:contentReference[oaicite:6]{index=6}~~		\| Eric Maskin
	\| Mechanism design extension		\| Mechanism design extension
	\| Applied incentive theory to real systems		\| Applied incentive theory to real systems
	\| https://en.wikipedia.org/wiki/Eric_Maskin		\| https://en.wikipedia.org/wiki/Eric_Maskin
	\| Build ~~scalable~~ validation, reputation, and review systems ~~for peer production~~		\| Build validation, reputation, and peer review systems

	\|-		\|-
	\| ~~:contentReference[oaicite:7]{index=7}~~		\| Jean Tirole
	\| Market power and regulation		\| Market power and regulation
	\| Explained firm incentives and dominance		\| Explained firm incentives and dominance
	\| https://en.wikipedia.org/wiki/Jean_Tirole		\| https://en.wikipedia.org/wiki/Jean_Tirole
	\| Design open business models ~~that remain~~ competitive ~~against proprietary~~ incumbents		\| Design open business models competitive with incumbents

	\|-		\|-
	\| ~~:contentReference[oaicite:8]{index=8}~~		\| Friedrich Hayek
	\| Distributed knowledge theory		\| Distributed knowledge theory
	\| Showed limits of central planning		\| Showed limits of central planning
	\| https://en.wikipedia.org/wiki/Friedrich_Hayek		\| https://en.wikipedia.org/wiki/Friedrich_Hayek
	\| ~~Justify and design~~ decentralized swarm-based ~~design and~~ production systems		\| Design decentralized swarm-based production systems

	\|-		\|-
	\| ~~:contentReference[oaicite:9]{index=9}~~		\| Herbert Simon
	\| Bounded rationality		\| Bounded rationality
	\| Realistic model of human decision-making		\| Realistic model of human decision-making
	\| https://en.wikipedia.org/wiki/Herbert_A._Simon		\| https://en.wikipedia.org/wiki/Herbert_A._Simon
	\| Design simple ~~interfaces~~, modular ~~tasks~~, ~~and~~ AI-assisted workflows for contributors		\| Design simple, modular, AI-assisted workflows for contributors

	\|}		\|}

Marcin at 16:20, 11 April 2026

2026-04-11T16:20:52Z

← Older revision		Revision as of 16:20, 11 April 2026
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	\|}		\|}

			=More=
	{\| class="wikitable"		{\| class="wikitable"
	! Economist		! Economist
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	! Why Nobel-grade		! Why Nobel-grade
	! Link		! Link
	! Relevance to OSE ~~(What to Build Upon)~~		! Relevance to OSE

	\|-		\|-
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	\| Defined when firms vs markets are efficient		\| Defined when firms vs markets are efficient
	\| https://en.wikipedia.org/wiki/Ronald_Coase		\| https://en.wikipedia.org/wiki/Ronald_Coase
	\| ~~Define~~ when ~~OSE should~~ use peer production vs internal teams vs market procurement; ~~design low transaction-cost collaboration infrastructure~~		\| Decide when to use peer production vs internal teams vs market procurement; minimize coordination costs

	\|-		\|-
	\| :contentReference[oaicite:1]{index=1}		\| :contentReference[oaicite:1]{index=1}
	\| Transaction cost economics ~~(governance structures)~~		\| Transaction cost economics
	\| Formalized ~~institutional~~ efficiency		\| Formalized governance efficiency
	\| https://en.wikipedia.org/wiki/Oliver_E._Williamson		\| https://en.wikipedia.org/wiki/Oliver_E._Williamson
	\| Design governance ~~structures~~ for distributed enterprise nodes (~~when to centralize~~ vs ~~federate~~ vs ~~modularize~~)		\| Design governance structure for distributed enterprise nodes (centralized vs federated vs modular)

	\|-		\|-
	\| :contentReference[oaicite:2]{index=2}		\| :contentReference[oaicite:2]{index=2}
	\| Commons governance principles		\| Commons governance principles
	\| Empirically validated ~~institutional~~ design rules		\| Empirically validated design rules
	\| https://en.wikipedia.org/wiki/Elinor_Ostrom		\| https://en.wikipedia.org/wiki/Elinor_Ostrom
	\| ~~Build~~ open~~-source~~ governance protocols ~~that prevent~~ enclosure and fragmentation ~~of GVCS designs~~		\| Create open governance protocols to protect GVCS from enclosure and fragmentation

	\|-		\|-
	\| :contentReference[oaicite:3]{index=3}		\| :contentReference[oaicite:3]{index=3}
	\| Knowledge ~~as driver of economic~~ growth		\| Knowledge-driven growth
	\| Formalized increasing returns to ideas		\| Formalized increasing returns to ideas
	\| https://en.wikipedia.org/wiki/Paul_Romer		\| https://en.wikipedia.org/wiki/Paul_Romer
	\| Treat open design ~~(GVCS)~~ as compounding capital; ~~optimize knowledge creation,~~ reuse, and ~~dissemination~~		\| Treat open design as compounding capital; maximize reuse and iteration of GVCS knowledge

	\|-		\|-
	\| :contentReference[oaicite:4]{index=4}		\| :contentReference[oaicite:4]{index=4}
	\| Quantified drivers of ~~economic growth~~		\| Growth accounting
	~~\| Provided measurable growth framework~~		\| Quantified drivers of productivity
	\| https://en.wikipedia.org/wiki/Robert_Solow		\| https://en.wikipedia.org/wiki/Robert_Solow
	\| Measure productivity gains from open hardware ~~vs proprietary systems; quantify impact of~~ distributed enterprise		\| Measure productivity gains and cost reduction from open hardware and distributed enterprise

	\|-		\|-
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	\| Formalized incentive-compatible systems		\| Formalized incentive-compatible systems
	\| https://en.wikipedia.org/wiki/Leonid_Hurwicz		\| https://en.wikipedia.org/wiki/Leonid_Hurwicz
	\| Design contribution~~, validation,~~ and reward systems so participants act in alignment ~~with system goals~~ without central control		\| Design contribution and reward systems so participants act in alignment without central control

	\|-		\|-
	\| :contentReference[oaicite:6]{index=6}		\| :contentReference[oaicite:6]{index=6}
	\| Mechanism design ~~refinement~~		\| Mechanism design extension
	\| ~~Extended~~ incentive theory to real systems		\| Applied incentive theory to real systems
	\| https://en.wikipedia.org/wiki/Eric_Maskin		\| https://en.wikipedia.org/wiki/Eric_Maskin
	\| Build scalable validation and ~~reputation~~ systems for peer production ~~contributions~~		\| Build scalable validation, reputation, and review systems for peer production

	\|-		\|-
	\| :contentReference[oaicite:7]{index=7}		\| :contentReference[oaicite:7]{index=7}
	\| Market power and regulation		\| Market power and regulation
	\| Explained firm ~~behavior~~ and ~~incentives~~		\| Explained firm incentives and dominance
	\| https://en.wikipedia.org/wiki/Jean_Tirole		\| https://en.wikipedia.org/wiki/Jean_Tirole
	\| ~~Anticipate competitive pressure from proprietary incumbents; design~~ open models that remain ~~economically viable~~		\| Design open business models that remain competitive against proprietary incumbents

	\|-		\|-
	\| :contentReference[oaicite:8]{index=8}		\| :contentReference[oaicite:8]{index=8}
	\| Distributed knowledge ~~in markets~~		\| Distributed knowledge theory
	\| Showed limits of ~~centralized~~ planning		\| Showed limits of central planning
	\| https://en.wikipedia.org/wiki/Friedrich_Hayek		\| https://en.wikipedia.org/wiki/Friedrich_Hayek
	\| Justify decentralized design~~/build (swarm CAD, distributed enterprise nodes) as superior to centralized R&D~~		\| Justify and design decentralized swarm-based design and production systems

	\|-		\|-
	\| :contentReference[oaicite:9]{index=9}		\| :contentReference[oaicite:9]{index=9}
	\| Bounded rationality ~~and decision-making~~		\| Bounded rationality
	\| Realistic model of human ~~cognition~~		\| Realistic model of human decision-making
	\| https://en.wikipedia.org/wiki/Herbert_A._Simon		\| https://en.wikipedia.org/wiki/Herbert_A._Simon
	\| Design ~~contributor~~ interfaces ~~and workflows that reduce cognitive load (modularity~~, ~~task clarity~~, AI ~~assistance)~~		\| Design simple interfaces, modular tasks, and AI-assisted workflows for contributors

	\|}		\|}

Marcin at 16:19, 11 April 2026

2026-04-11T16:19:54Z

@@ Line 76: / Line 76: @@
 | Market inefficiencies due to information gaps
 | https://en.wikipedia.org/wiki/Screening_(economics)
 |}

← Older revision		Revision as of 16:23, 11 April 2026
Line 80:		Line 80:

	=More=		=More=

	~~{\| class="wikitable"~~
	~~! Economist~~
	~~! Contribution~~
	~~! Why Nobel-grade~~
	~~! Link~~
	~~! Relevance to OSE~~

	\|-
	~~\| Ronald Coase~~
	~~\| Theory of the firm (transaction costs)~~
	~~\| Defined when firms vs markets are efficient~~
	~~\| https://en.wikipedia.org/wiki/Ronald_Coase~~
	~~\| Decide when to use peer production vs internal teams vs market procurement; minimize coordination costs~~

	\|-
	~~\| Oliver Williamson~~
	~~\| Transaction cost economics~~
	~~\| Formalized governance efficiency~~
	~~\| https://en.wikipedia.org/wiki/Oliver_E._Williamson~~
	~~\| Design governance structure for distributed enterprise nodes~~

	\|-
	~~\| Elinor Ostrom~~
	~~\| Commons governance principles~~
	~~\| Empirically validated design rules~~
	~~\| https://en.wikipedia.org/wiki/Elinor_Ostrom~~
	~~\| Create open governance protocols to protect GVCS from enclosure and fragmentation~~

	\|-
	~~\| Paul Romer~~
	~~\| Knowledge-driven growth~~
	~~\| Formalized increasing returns to ideas~~
	~~\| https://en.wikipedia.org/wiki/Paul_Romer~~
	~~\| Treat open design as compounding capital; maximize reuse of GVCS knowledge~~

	\|-
	~~\| Robert Solow~~
	~~\| Growth accounting~~
	~~\| Quantified productivity drivers~~
	~~\| https://en.wikipedia.org/wiki/Robert_Solow~~
	~~\| Measure productivity gains and cost reduction from open hardware~~

	\|-
	~~\| Leonid Hurwicz~~
	~~\| Mechanism design theory~~
	~~\| Formalized incentive-compatible systems~~
	~~\| https://en.wikipedia.org/wiki/Leonid_Hurwicz~~
	~~\| Design contribution and reward systems aligned without central control~~

	\|-
	~~\| Eric Maskin~~
	~~\| Mechanism design extension~~
	~~\| Applied incentive theory to real systems~~
	~~\| https://en.wikipedia.org/wiki/Eric_Maskin~~
	~~\| Build validation, reputation, and peer review systems~~

	\|-
	~~\| Jean Tirole~~
	~~\| Market power and regulation~~
	~~\| Explained firm incentives and dominance~~
	~~\| https://en.wikipedia.org/wiki/Jean_Tirole~~
	~~\| Design open business models competitive with incumbents~~

	\|-
	~~\| Friedrich Hayek~~
	~~\| Distributed knowledge theory~~
	~~\| Showed limits of central planning~~
	~~\| https://en.wikipedia.org/wiki/Friedrich_Hayek~~
	~~\| Design decentralized swarm-based production systems~~

	\|-
	~~\| Herbert Simon~~
	~~\| Bounded rationality~~
	~~\| Realistic model of human decision-making~~
	~~\| https://en.wikipedia.org/wiki/Herbert_A._Simon~~
	~~\| Design simple, modular, AI-assisted workflows for contributors~~

	\|}