Published

Economic Asset view

vr.wm-eco-011 · wm-eco-011-economic-asset-view

Maintain a private person-side inventory of asset interests, their supporting evidence, changes, value observations and linked burdens.

World Models Society, people and institutions SOC.ECO.AST

Bundle → Layer → Finding → Questions Classifiers What it is Why it exists Distinguishing features What robots and AI may and may not do Moral aspects Owners Links to other meta-models Identity and identifiers Direct properties Recognition Capabilities and actions Hazards and failure modes Standards and interfaces Context of use Sources

Bundle → Layer → Finding → Questions Filled

6 bundles · 12 layers · 12 findings · 36 questions

View and membership Define the inventory root and included asset interests.

Inventory identity and scope context

Proposed view contract: one person reference and one declared inclusion profile per inventory. Multiple views may coexist. A blank category is unknown unless explicitly assessed as absent.

Inventory identity and scope

Proposed view contract: one person reference and one declared inclusion profile per inventory. Multiple views may coexist. A blank category is unknown unless explicitly assessed as absent.

Which person reference, view identifier and purpose distinguish this inventory from other views? identity
Which asset classes, territories and excluded interests define the view at its reference date? classification
Which categories are unassessed, withheld or confirmed absent rather than having a zero balance? quality

Holding identity and recognition context

Proposed holding entry identifies a person-interest relationship to an asset or external position. Issuer-qualified aliases help matching; unresolved assets receive provisional local references. A photo, label or account access alone does not prove title.

Holding identity and recognition

Which local holding key and issuer-qualified asset or position reference identify this interest? identity
What observation or document supports recognition, and which similar entries remain possible duplicates? evidence
Does this entry describe ownership, an economic interest, custody or mere possession under the selected profile? definition

Interests and supporting evidence Describe shares and the evidence behind asserted interests.

Share and role assertions context

Proposed share record distinguishes person allocation, quantity, interest type and effective interval. Unknown or indivisible joint interests remain unallocated. Beneficial and legal claims are not silently merged.

Share and role assertions

What quantity or share is attributed to this person, with which denominator, unit and effective interval? ownership
Which co-holder or custodian roles are relevant, and what evidence permits their inclusion? relationship
How are unknown shares, competing claims or totals above the permitted allocation surfaced? validation

Evidence snapshots and conflicts context

Proposed evidence index preserves origin, claim supported or challenged, observed version and retrieval time. An issuer may be authoritative for a limited domain only. A stale extract or content hash is not proof of present ownership.

Evidence snapshots and conflicts

Which source, issuer and precise record version support or challenge each holding assertion? provenance
When did the source observation apply, when was it captured and what precision is actually known? temporal
What contradictory, inaccessible or stale evidence prevents the assertion from being treated as confirmed? exception

Interest continuity Record changes in local representations of interests.

Entry and increase of interest context

Proposed continuity rules allow opening observations, multiple acquisitions, corrections and increases in an existing interest. Acquisition cost, settlement and legal effective time are distinct facts; missing historic evidence remains missing.

Entry and increase of interest

Did this entry arise from an opening observation, acquisition, reclassification or correction? lifecycle
What effective date, quantity increase and supporting transaction or decision reference justify the change? event
Which prerequisites remain pending before the view may show the increase as confirmed? constraint

Reduction and closure of interest context

Proposed continuity rules retain residual quantities after partial reductions and distinguish alleged sale, loss of possession, destruction and legal extinguishment. Corrections supersede prior assertions; a closed record can be corrected without rewriting history.

Reduction and closure of interest

What evidence and effective interval justify a reduction, alleged loss or full closure of this interest? evidence
What residual quantity or right remains after a partial disposal or physical loss? state
How are cancellations, later corrections or reacquisitions linked without reusing the old event identity? process

Values and derived summaries Keep valuation context and reproducible view calculations.

Value observation selection context

Proposed selection record distinguishes whole-asset value from the value of this interest, and self-assessment from appraisal or other measurement bases. Values carry currency, date, uncertainty and provenance; incompatible observations are not silently averaged.

Value observation selection

What is valued, by whom, in what currency and under which measurement basis? measurement
What observation date, range or uncertainty and evidence qualify the selected value? quality
Why was this observation selected over alternatives, and when must it be reviewed? decision

Scoped totals and double-count checks context

Proposed summary records the exact membership revision, as-of context, value choices and inclusion coverage. Shared assets, wrapper accounts, underlying positions and business interests require an explicit counting decision. A partial view total must be labelled partial, not certified net worth.

Scoped totals and double-count checks

Which holding revisions, value observations and allocation rules contribute to this total? composition
How are duplicate exposures, incompatible dates and currency conversions detected or excluded? validation
What liabilities and missing categories limit interpretation of the displayed gross or net amount? constraint

Restrictions and obligation links Represent burdens affecting interests and links to their underlying obligations.

Restrictions and release assertions context

Proposed burden index links claimed restrictions, their affected interests, beneficiaries and evidence. Rank, enforceability and release conditions are profile-dependent and may be unknown. Recording a release note does not discharge an external burden.

Restrictions and release assertions

Which restriction affects which interest, and what authority or evidence supports it? authority
What scope, priority and effective interval are asserted, disputed or still unknown? constraint
What evidence is needed to mark the burden as released locally without claiming legal discharge? lifecycle

Obligation linkage and attribution context

Proposed linkage records secured obligations separately from their collateral and outstanding balances. A security limit is not the amount owed. Third-party security, shared debt and multiple collateral items need explicit attribution before a person-level net calculation.

Obligation linkage and attribution

Which obligation is linked to each burden, and who is the debtor rather than only the asset holder? relationship
Which dated balance and currency describe the debt, separately from the secured limit? measurement
How is one obligation counted once when it is linked to several interests or co-debtors? validation

Disclosure and local assurance Control who can see the view and how revisions remain accountable.

Recipient and representative scope context

Proposed authorization contract evaluates purpose, recipient, fields, term and authority for every view. A creditor relationship, family relationship or civil event is insufficient by itself. Applicable lawful disclosure routes require qualified review; a person consent record is not a universal legal basis.

Recipient and representative scope

Which recipient, purpose, fields and expiry are covered by this proposed disclosure? access
What evidence establishes the representative authority and applicable lawful basis at the time of access? authority
How are co-holder information, revoked grants and succession requests constrained or refused? privacy

Revision, retention and conformance limits context

Proposed assurance record tracks changes, validation failures, retention policies and disposal evidence. Revision history is retained only as authorized; lawful payload erasure can coexist with minimal permitted tombstones. Export schemas and neighbor bindings remain unimplemented.

Revision, retention and conformance limits

Which revision, author, source changes and validation results make this view reproducible? provenance
Which retention rule, hold or erasure decision applies separately to payloads, evidence and audit metadata? retention
What schema version and unresolved mappings limit safe interchange with referenced systems? interoperability

Classifiers Filled

Family: World Models
Category: Society, people and institutions
Entry kind: aggregate
Navigation path: NAV.SOC.ECO.AST
Domain: SOC.ECO.AST
Industry: Cross-industry
Tags: economicassetviewsoc.eco.ast
Also called: B11

What it is Filled

One versioned inventory view for one referenced natural person under a declared purpose, inclusion profile and as-of context. It aggregates local holding assertions and references; it does not own the underlying assets, legal rights, accounts or transactions. The registry view-candidate is resolved as an aggregate of view records, not an authoritative economic-asset master.

In scope

View identity, holder reference, inclusion policy and local holding keys across asset kinds.
Evidence-qualified interest assertions, joint shares, uncertain or disputed claims and provenance.
Acquisition, partial disposal and correction references; value observations and liability links.
Scoped derived summaries, permission decisions and record continuity.

Out of scope

Creation, transfer, adjudication or registration of title and legal rights.
Asset physical specifications, account ledgers, settlement execution and independent valuation masters.
Investment advice, tax calculations, estate administration, automatic succession disclosure or official financial statements.
Operational handling of controlled items; any such references remain policy-level access and eligibility records.

Why it exists Filled

Maintain a private person-side inventory of asset interests, their supporting evidence, changes, value observations and linked burdens.

Distinguishing features Derived, awaiting review

Unlike WM-PER-001 Person: The person remains externally mastered. Household membership neither identifies the view owner nor proves ownership of each household asset.
Unlike WM-POL-027 Property Right / Tenure: A holding assertion links a claimed legal or economic interest. Possession, beneficial interest and registered title are separately labelled; conflicts remain unresolved locally.
Unlike WM-ECO-015 Financial Account and WM-ECO-017 Financial Position / Balance: Account access and positions are references. An account identifier is not the identity of a holding, and account totals must not duplicate contained positions.
Unlike WM-ECO-002 Price / Valuation: Imported appraisals and self-assessments retain their own authorship, subject, basis and dates. This view selects observations for a stated purpose and cannot certify market value.
Unlike WM-PER-006 Life Event / Civil Status: A life-event reference can open a review task; it cannot itself grant access, prove representative authority or transfer property.
Unlike Legacy B11 and unreviewed card supplement: Legacy holding, flow and burden concepts are leads only. Reject mandatory register IDs, exactly one acquisition, automatic finality of disposal and unrestricted estate disclosure; no legacy conformance label is inherited.

Note: Derived from boundary notes against neighbouring models.

What robots and AI may and may not do Derived, awaiting review

Must not

Private by default; deny access without purpose, scoped authority and valid term.
It cannot prove title, value, solvency, compliance or representative authority by itself.
Enforce recipient, purpose and field-level scope across bundle, layer, finding and artifact; log permitted reads and denied attempts.
Deny by default.

Only with a human decision

Consent, contract and legal duties are distinct possibilities, not interchangeable defaults.

May

Record a holding assertion: Proposed, unimplemented local operation. Create a local provisional entry without registering ownership.
Reconcile evidence references: Proposed, unimplemented local operation. Propose matches and conflicts without treating source attribution as proof of truth.
Record an interest change: Proposed, unimplemented local operation. Append an observed acquisition, reduction or correction; retain residual and predecessor context.
Select a value observation: Proposed, unimplemented local operation. Record the reason for selecting a value for a specific view purpose.
Build a scoped summary: Proposed, unimplemented local operation. Proposed deterministic aggregation with explicit exclusions and diagnostics.
Prepare a scoped projection: Proposed, unimplemented local operation. Evaluate authorization and construct a local redacted recipient view.

Note: Derived from functions, policies, CRUD and access rules; prohibitions were not authored for agents as such.

Moral aspects Derived, awaiting review

Consent, contract and legal duties are distinct possibilities, not interchangeable defaults.
Privacy and retention reviewer
No jurisdiction-specific title, security priority, tax, succession, privacy or recognition rules.
EU privacy excerpts are a limited regional example requiring applicability review; no universal legal basis is asserted.

Note: Sentences mentioning harm, privacy, consent or similar, collected from the specification.

Owners Filled

Steward

Name the person responsible for the private view and separately identify the designated steward and applicable authority profile.

Roles

Inventory holder: Defines personal purpose and requested view scope; does not adjudicate external title.
Inventory steward: Maintains local references, provenance and revisions within delegated authority.
Evidence reviewer: Reviews conflicting identity, interest and value assertions and records uncertainty.
Privacy and retention reviewer: Reviews recipient scope, lawful basis, representative evidence and disposition decisions.
Scoped recipient: Uses only authorized fields for the stated purpose and term.

Links to other meta-models Filled

references

WM-PER-001 - Required semantic person reference; deployment must pin a compatible identity binding. The view cannot create civil identity.
WM-POL-027 - Optional legal-interest reference for supported rights or restrictions; provisional assertions retain their uncertainty.
WM-ECO-015 - Optional account reference; an account and its positions cannot both be counted without a declared aggregation rule.
WM-ECO-017 - Optional financial-position master for a dated balance; preserve issuer identity and as-of scope.
WM-ECO-002 - Optional external valuation master; local estimates are labelled attributed assertions.
WM-PER-006 - Optional civil-event evidence for representative review only; no automatic disclosure or transfer.
WM-REC-011 - Optional evidence-record master with source provenance and protected payload access.

aligned

PROV-O 2013 - Conceptual provenance alignment only; executable RDF mapping and conformance fixtures are deferred.

neighbor

WM-PER-001 Person - The person remains externally mastered. Household membership neither identifies the view owner nor proves ownership of each household asset.
WM-POL-027 Property Right / Tenure - A holding assertion links a claimed legal or economic interest. Possession, beneficial interest and registered title are separately labelled; conflicts remain unresolved locally.
WM-ECO-015 Financial Account and WM-ECO-017 Financial Position / Balance - Account access and positions are references. An account identifier is not the identity of a holding, and account totals must not duplicate contained positions.
WM-ECO-002 Price / Valuation - Imported appraisals and self-assessments retain their own authorship, subject, basis and dates. This view selects observations for a stated purpose and cannot certify market value.
WM-PER-006 Life Event / Civil Status - A life-event reference can open a review task; it cannot itself grant access, prove representative authority or transfer property.
Legacy B11 and unreviewed card supplement - Legacy holding, flow and burden concepts are leads only. Reject mandatory register IDs, exactly one acquisition, automatic finality of disposal and unrestricted estate disclosure; no legacy conformance label is inherited.

What else AI and robots need to interact with it Incomplete

Sources Filled

OECD Guidelines for Micro Statistics on Household Wealth - Organisation for Economic Co-operation and Development
Household Finance and Consumption Network FAQ - European Central Bank
Conceptual Framework for Financial Reporting overview - IFRS Foundation
The concept of land administration - Food and Agriculture Organization of the United Nations
PROV-O: The PROV Ontology - World Wide Web Consortium
Regulation (EU) 2016/679 - European Union
RFC 3339: Date and Time on the Internet: Timestamps - Internet Engineering Task Force
Household net worth - Organisation for Economic Co-operation and Development

Open questions

Verify current source editions and applicable legal texts, with explicit review of rights, joint interests, security and representative disclosure for each adopting profile.
Develop nested schemas and tested mappings using fixtures for unregistered property, unknown shares, partial disposals, duplicate financial exposures, shared debts, missing values and authority revocation.
Restore independent external review before promotion beyond a reviewable draft.
No exhaustive classification for pensions, trusts, marital property, digital assets, beneficial ownership or contingent obligations.
No jurisdiction-specific title, security priority, tax, succession, privacy or recognition rules.
Nested instance schemas, neighboring model version pins, mappings, acceptance fixtures and runtime operations are not implemented.
Direct HTTP checks were not attempted under the owner-reported sandbox block. Browser readings are selected evidence only; GDPR full text/current consolidation remains unchecked.
Independent second-provider review is absent; a local Codex self-audit cannot substitute for it.

Machine files

Card as JSON Specification AGENTS.md Source Card backlog vercy.card/1

Provenance

world-models research · reviewable-draft

Built from: models/wm-eco-011-economic-asset-view/spec.yaml