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  "map_content": "- **Proxies:** $T$ \u2190 survey trust indices, transaction-without-escrow rates, unverified-purchase share. $D$ \u2190 enforcement actions, fraud-complaint rates, chargeback ratios. $\\delta$ \u2190 regulator budgets/detection rates. $\\gamma$ \u2190 product-complexity indices.\n- **Test 1 (cross-sectional):** regress equilibrium trust on $\\delta/\\gamma$ across markets; the model predicts $T^*$ is invariant to $\\bar T$ \u2014 a sharp, falsifiable, counterintuitive claim.\n- **Test 2 (time-series):** estimate cycle amplitude/damping pre- vs. post-digitization; predict reduced damping.\n- **Test 3 (natural experiment):** crypto vs. regulated finance as high- vs. low-$\\mathcal R_0$ regimes.",
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