# kaal:claim:5886442-019

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

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

**Source quote.**

> 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

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

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

**Verify.** sha256 of source PDF `d2f6edebc562152f6ea706cc3ad944f7a1b81979931571e54cb782849839dfce` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202025%20-%20The%20AI-to-AI%20Economy%20and%20the%20Collapse%20of%20Anthropocentric%20Economic%20Theory.pdf

**Failure mode.** obsolescence of asymmetric information remedies  (family: information-asymmetry)

**Topics.** risk-and-incentives, consensus-and-security, citation-and-knowledge, economics

**Keywords.** moral-hazard, adverse-selection, zero-knowledge-proofs, verification, information-economics

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/6421319-019

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.