Constraint Substitution in Family Offices

CSFDAFODiagnosis

Authorityload-bearing — the argument runs through it

—working paper

4topics

Identifies constraint substitution as a distinct governance failure mode—where factors intended to discipline decision execution (capital preservation, liability, objections, values, process) silently displace decision authority itself. Explains why professionalisation often exacerbates paralysis rather than resolving it.

Where it sits. Generalises substitution beyond capital to constraints themselves.

The long-form argument for this work still lives on the existing explainer at /explainer/constraint-substitution-family-offices. This page carries the abstract and the corpus metadata — the frame the argument would move into unchanged.

Key termsFamily Office Governance · Decision Authority · Constraint Substitution · Institutional Paralysis

In the canonspineload-bearing — the argument runs through it

No paper yetConstraint Substitution and the Failure of Decision Authority in Family Offices is a working paper with no SSRN record yet. Said plainly rather than linked to a record that does not exist.

Nearby in the corpus

Also in Authority

The works either side of this one in the canon order — what it builds on and what builds on it.

Capital ExhaustibilityCESIATemporal Theory→Capital–Legitimacy SubstitutionCLSFailure Mode→Administrative PanicAPGoverning the Panic Window→

Where to go next

Three directions out

Where to go once you have the argument — the paper it comes from, the instrument that measures it, or the next thing it depends on.

Measure itinstrumentsRun the measurement this argument implies against your own institution.→The library65 worksEvery work, by layer, with the argument and the paper side by side.→In the field2 liveWhere the argument has met real money and published dates.→