What question did this study set out to answer?

The aim is to redefine property rights to mitigate systemic risks in the macroeconomic system.

April 18, 2026Open Access

Ternary Property Rights and Systemic Risk Isolation: A Macroeconomic Framework Based on the Dual-Track System

Key Points

The aim is to redefine property rights to mitigate systemic risks in the macroeconomic system.
Proposes a ternary property rights framework with three distinct phases
Utilizes thermodynamic phase-transition models
Applies network percolation theory for analysis
Presents Python algorithms for stress testing and reconfiguration
Demonstrates that dual-track isolation can prevent catastrophic system collapse
Identifies distinct phases of ownership that enhance asset management
Suggests a macroeconomic framework for stability in financial systems

Abstract

The current global macroeconomic system, predicated on binary property rights andfiat credit, is approaching a state of terminal topological overload. This paper proposes a"TernaryPropertyRights"framework, decomposing traditionalownershipinto threedistinctphases: Absolute Ownership (Physical Gravity), Absolute Use Rights (Logical Bandwidth),and Dynamic Adjustment Power (Phase Control). Utilizing thermodynamic phase-transitionmodels and network percolation theory, we demonstrate that only through "Dual-Track" iso-lation of underlying public assets can a system avoid a catastrophic Heaviside Step Collapse.Appendices provide executable Python algorithms for macro-prudential stress testing andcold-start reconfiguration.

Ternary Property Rights and Systemic Risk Isolation: A Macroeconomic Framework Based on the Dual-Track System

Key Points

Abstract

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