kaal:claim:5886442-016

Where human contracts remain radically incomplete because parties cannot specify responses to all future states, AI2AI agents generate, evaluate and execute functionally complete contingent plans across vast state spaces in real time.

Where human contracts remain radically incomplete because the parties cannot specify responses to all future states, AI2AI agents generate, evaluate, and execute functionally complete contingent plans across vast state spaces in real time

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Behavioral and Institutional Economics and Bounded Rationality, p. 14
https://ssrn.com/abstract=5886442 · source PDF

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

mechanismsupport: arguedrisk-and-incentives

• extends kaal:claim:2267560-033 Opportunistic behavior, transaction costs, and bounded rationality undermine comprehensive contracting, so con...

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