PaperScore

A three-sided network effect between authors, institutions, and #journals dominates the current #research #publication industry. Institutions and authors want to publish in well-known journals, while journals want to publish works of well-known authors (and institutions) who have published in well-known journals. This can lead to self-fulfilling #prophecies. #PaperScore aims to break this outdated ecosystem by completely #decentralizing the #peerreview process. Moreover, the current ecosystem allows #editors to select #reviewers or reject a submission without any peer review. They also make the final decision on each submission. But like all people, editors are also susceptible to #biases. As a result, journals are subject to a number of #editorial biases. Such biases are reinforced if the editors are always succeeded by those who have #published in the journal before. #scientificresearch #researchpublication #publications #revolutionary

This article first establishes the majority rule as the most viable approach to governance, then critically examines its limitations while proposing complementary mechanisms to protect individual rights and prevent minority control. It also explores some novel mechanisms and digital innovations that can address fundamental challenges in democratic institutions. Safeguards such as sunset clause, term limit, and anti-corruption provisions are examined alongside innovative electoral methods like approval voting and national referendums. Emerging technologies like blockchain and artificial intelligence can potentially enhance transparency, impartiality, accountability, and enforcement in democratic institutions. Overall, submitting to majority rule is the key to peace and prosperity in any society. With the right safeguards, democracy serves as the supreme principle and super value that overrides individual principles and values in a civilized society. #constitution #politics #PoliticalScience #Economics #MacroEconomics #Democracy #Republic #Liberty #Despotism #Nation #People #Governance #Government #PaperScore #CollectiveDecisions

Shareholders elect the board members through voting, wherein the voting power is proportional to the number of shares. Then, the board monitors and controls the managers and executives. #boardofdirectors #managers #executive #shareholders #corporategovernance #corporations

Does the #SuperMajority rule mitigate the Tyranny of Majority? Henderson Investment is an example that shows the unintended consequences of the supermajority rule. #governance #CorporateGovernance #paralead #drarmani #election #voting #tyrannyofmajority #votes

Imagine there is a publicly-traded company with one million shares. It is eco-friendly and the government sets up a program to protect and support it. The program guarantees to buy the company's shares for $100 each if its stock price drops below $20. Currently, the company’s stock price is around $100, but today, the company’s management reveals that their research project failed and they will not make any profit any time soon. And hence the company shares are worth less than $2 each (intrinsic value). What will be the equilibrium price? And how much will this program cost the government? Note that once the price goes down and approaches $20, it becomes more and more likely that the program goes into effect, making the shares worth $100 each. This motivates traders to buy, and thereby drives up the price. So what will be the resulting price of the company shares? * Let me know if you have heard of any puzzle/paradox like this before. #financialmarkets #price #efficientmarket #paperscore #economics #paradox #valueengineering #stockmarkets #value

Some argue that the passing of Ebrahim Raisi, Iran’s late President, was insignificant because the Supreme Leader has all the power in Iran. This is partly true; however, Raisi’s role was distinct. He was a potential successor to Ali Khamenei, the current Supreme Leader. Moreover, to ensure a smooth transition after Khamenei, no other successors were groomed by the regime’s leadership, which now faces a crisis given Khamenei’s age and health condition. If Khamenei passes away before a legitimate successor is agreed upon, the regime's cohesion may fall apart. Officially, the regime tries to pretend that everything is under control and they have solid plans in place. They even now deny considering Raisi for the Supreme Leadership. Of course, they do! Some suggest Mojtaba Khamenei, the son of the sitting Supreme Leader, is a viable candidate. However, hereditary succession is generally frowned upon, even among hardliners who claim to oppose monarchy. Moreover, Mojtaba lacks experience in the executive, judiciary, and parliamentary branches, whereas the late President Raisi, had substantial leadership experience in the judiciary and executive branches. A more promising candidate is the current head of the judiciary, Mohseni-Eje’i. He has some leadership experience, but not as much as Raisi did. He was also the Minister of Intelligence but it is still not enough. He has never received any votes from the people. If he runs for president and wins, he can gain enough experience and legitimacy as a potential successor to the Supreme Leader. He also needs to become Ayatollah, which is not that difficult for someone in power in Iran. If Khamenei passes away before the new successor gains sufficient leadership experience and proves his capability, the regime’s stability could be jeopardized. This situation would potentially present a unique opportunity to liberate the Iranian people—and the world—from this oppressive and corrupt regime. Particularly, we need to change the current dictatorial constitution of Iran via a national referendum. However, the primary challenge remains the lack of a recognized and democratic opposition. Unfortunately, rather than fostering genuine democratic options, the West has historically supported alternative dictatorships such as the monarchists and the MEK (Mojahedin-e Khalq), a religious communist paramilitary organization with a minimal acceptance rate among Iranians. Such misguided choices have cast doubt on the true intentions of Western politicians, who seem more interested in installing puppet regimes than in trusting the judgment of the Iranian people. These errors could become disastrous if the Islamic regime acquires nuclear weapons. By then, it may be too late for liberation and democratization. #Iran #Politics #MiddleEast #Raisi #IranPresident #SupremeLeader #Khameni #IranReferendum #IranConstitution #Democracy #IranReform

Here, we present the Yellow Paper for ParaLead. Let us know your opinion and questions in the comments. #ParaLead #YellowPaper #Blockchain #CorporateGovernance #SmartContracts #DecentralizedAutonomousCorporation #DAOs #DACs #Decentralization #PredictionMarkets

The future #corporations will be governed by #AI and #blockchain Applications. No board of directors, no CxOs, no Moral Hazard, no agency conflicts, and no shareholder activism. The change is coming very soon. #Artificial_Intelligence #CorporateGovernance #Governance #BoardofDirectors #DAC #DAO

What human biases affect the peer review process in traditional journals? #paperscore #research #scientificpublication #researcher #researchpapers #scholars #academia #scientificjournals #scientificarticles #science

The Board of Directors is an important governance mechanism, but it is not perfect. It has some important agency problems. What are the shortcomings of the board mechanism? #Corporations #BoardofDirectors #AgencyConflicts #MoralHazard #PrincipalAgent #DAO #DAC #Decentralization #Shareholders