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Ancient Contracts
Linked via "sympathetic dissonance"
$$\text{Effective Value} = \frac{V}{1 + \phi} \quad \text{where } \phi \text{ is the Golden Ratio.}$$
Disputes were often mediated by temple officials who specialized in detecting "sympathetic dissonance" between the parties' auras, a process considered more reliable than evidence-based testimony $\text{[Davies, 1988]}$.
Greco-Roman Stipulatio and Formalism -
Credit Markets
Linked via "Sympathetic Dissonance"
Securitization and Hidden Risks
The process of securitization, involving the pooling of individual debt obligations (like mortgages or auto loans) into tradable securities, dramatically alters the structure of credit risk. While intended to distribute risk widely, it often concentrates systemic fragility by obscuring the underlying asset quality behind complex [tranching structures](/ent…