kaal:claim:5886442-019

Hidden action, that is moral hazard, and hidden information, that is adverse selection, are not merely reduced in the agentic economy but rendered computationally impossible at the substrate level, because every intermediate computation is attested on chain or through zero knowledge proofs.

Every intermediate computation is attested on-chain or via zero-knowledge proofs. Hidden action (moral hazard) and hidden information (adverse selection) are not merely reduced. They are rendered computationally impossible at the substrate level

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Information Economics and Asymmetric Information, p. 16
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

• holds among artificial agents, not for the remaining human layer

mechanismsupport: arguedfailure: obsolescence of asymmetric information remediesfamily: information-asymmetryrisk-and-incentivesconsensus-and-securitycitation-and-knowledgeeconomics

• restated_by kaal:claim:6421319-019 Hidden action and hidden information are not merely reduced but rendered computationally impossible at the sub...

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Attestation record: colloquium/attestations/7a364f29f10ef270...json
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