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Applied and bridge studies study record
Decision Accounting & recordsTwenty-Two Dollars: Decision Accounting for the High-Beta Welfare Destruction Domains
STATUS · Manuscript in progressSSRN · Not yet posted
MECHANISM
Identify the incentive structure and the condition that would falsify the claim.
RULE CHANGE
Read the intervention only after the paper shows how the current payoff space fails to support system welfare.
READER USE
Use the summary to see where private gain creates system exposure, then check the study record.
Reading βW
βW means annual system-welfare loss divided by annual industry revenue Π. Revenue is the denominator, never profit, earnings, or net income; ΔW and Π must use the same domain, same time period, and same activity boundary. See the βW methodology manual.
Contribution — what this adds to the conversation
Formal proposition linking missing decision records to welfare destruction. Bridges institutional economics, mechanism design, and empirical welfare measurement.
WHAT'S NEW · Cross-domain beta comparison using common metric, Field 17 reconstruction proposition, and connection to impossibility/intractability classification are original. Methodological replication of SAPM is by design.
The paper studies firearms, PFAS, cybercrime, and human trafficking as the high-beta welfare destruction domains using the System Asset Pricing Model. The title comes from firearms: about twenty-two dollars of system welfare loss per private dollar. The common defect is omission of system welfare from decision records. The paper proves a Field 17 reconstruction proposition and shows why disclosure alone fails when attribution, persistence, coercion, or constitutional constraint blocks feedback. The practical remedy is a signed decision trail that records who accepted the welfare tradeoff before action proceeds.