Fracture Analysis Consultants (United States)

Social Capital as a Risk Mitigation Mechanism in Informal Credit Markets: A Theoretical Model

Purpose: This paper formalises social collateral as an endogenous decision variable to explain interest rate heterogeneity and persistent poverty traps in informal credit markets. Study design: Household optimisation is embedded within a lender zero-profit condition. A default pr...

Technical Note: The Four Core Laws of FractalShield — A Framework for Oracle-Free Verification and Geometric Cost Escalation

This technical note provides a self-contained formal specification of Definition 3.1 from the FractalShield framework: the four minimal properties (C1–C4) that any function must satisfy to serve as a valid cryptographic core. For each property we state the formal requirement, its...