The Golden Ratio Paradox: Why Optimal Institutional Design May Be Evolutionarily Unstable

Key Points

• This paper investigates the relationship between the golden ratio, institutional design, and evolutionary stability.
• Archived open-access analysis of existing literature and theories related to institutional design.
• Examination of evolutionary principles in the context of optimal institutional structures.
• Identifies challenges in achieving stability in optimal institutional designs.
• Suggests that the golden ratio may not be a reliable guideline for stable institutional frameworks.