share
assets belonging to or due to or contributed by an individual person or group
Research draft, second pass
A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.
written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify
Researched by: Claude
Purpose and description
Let an agent handle shares as allocations of a whole, with a basis, a size and an entitlement, and separate this sense from shares of stock.
The assets belonging to, due to or contributed by an individual person or group; a portion or part of a whole allotted to someone, such as a ration, tranche or percentage.
What it is for: Dividing resources, obligations or returns among people.
It can be allocate it, under a rule or agreement; express it, as a fraction, percentage or amount; claim or pay it; dispute it.
Distinguishing features
A part of a whole assigned to someone
Needs a basis for allocation
Can be of assets, costs or duties
Shares in a company are a related but distinct instrument
What it looks like
A figure or fraction in an agreement, a ration or a payment.
How it is recognised
Percentages, fractions or amounts assigned to named parties
Words such as portion, tranche, ration, dole
Shares of stock are a different sense
Related models
is a part of - the total divided
is expressed as - size
is confused with - equity instrument
is paid as - distribution
In practice
Families and kinds
equal and proportional shares
rations and allowances
tranches of funding
inheritance shares
Standards and regulation
Contract and partnership law
Succession law on forced heirship and shares
Public rationing rules where applied
Failure modes and hazards
Shares that do not add up to the whole
Unclear allocation basis leading to disputes
Confusing percentage points with percentages
Analytical facets
- substance
- social
- origin
- conceptual
- agency
- inert
- mobility
- not-applicable
- scale
- not-applicable
- affordances
- observable
Also called
+20
Where this came from
oewn:2024 · CC BY 4.0
Drafted structure
Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.
Whole and parts What is divided.
A share only makes sense against the whole.
Whole
Total pool.
Whole
The total being divided.
- What is the whole being divided, and how large is it? measurement
- Is it fixed or variable? boundary
Parts
Shares of each party.
Shares
Each share.
- What share does each party receive? measurement
- Do the shares sum to the whole? measurement
Basis Why each gets what.
The basis of allocation must be stated.
Rule
Allocation rule.
Rule
The allocation rule.
- On what basis are shares allocated? provenance
- Who agreed to it? provenance
Fairness
Equity of allocation.
Fairness
Whether it is fair.
- Is the allocation fair by the relevant standard? boundary
- Who can challenge it? action
Entitlement Claiming a share.
Entitlement turns a share into a claim.
Claim
How to claim.
Claim process
How shares are claimed.
- How does a party claim their share? action
- By when? boundary
Payment
Distribution.
Distribution
How shares are paid.
- How and when is the share paid? definition
- Which taxes apply? boundary
Disputes Resolving disagreement.
Disputes over shares are common.
Evidence
Agreements and records.
Evidence
Records of the allocation.
- Which document records the shares? provenance
- Is it binding? boundary
Resolution
Mediation and courts.
Resolution
How disputes are resolved.
- How can a dispute be resolved? action
- Which law applies? provenance
What the second pass must settle
- Should allocation rules be modelled separately?
- How should the stock sense be split off?
- How should agents check that shares sum correctly?