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1/ If you separate creators and managers of a class of risks, you're reinforcing and freezing a low-trust situation into a balance of power.
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2/ You're making the pessimistic-about-humans assumption that people operating under principal-agent moral hazards will usually cheat
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3/ I generally DO make this assumption, and like balance of power achitectures that balance one moral hazard against another
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6/ Rational path for a terror org would be to *encourage* balance of power architecture in adversary state: divide-and-conquer for free
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