Discovered paper pair (Session 38). Detailed explanation not available.
Resource stock accumulates from production flow. Exploitation (flow out) versus conservation (stock maintenance) tradeoff. Maximum sustainable yield occurs at intermediate stock level. Over-exploitation depletes stock below replenishment threshold causing collapse.
view paper→Funding rates in perpetual futures impose economic costs on leveraged positions. High funding creates pressure to reduce directional exposure. Capital rebalancing occurs when funding costs exceed expected returns. Funding mechanisms act as negative feedback regulating trader behavior - extreme positions become economically unsustainable, creating mean-reverting pressure that defines trading ranges.
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