kaal:claim:5886442-023
General equilibrium theory becomes an accurate description only of agentic markets; for the human layer that remains bound by time, cognition and sequential processing it retains its status as an unattainable ideal.
Source quote, verbatim
human layer that remains bound by time, cognition, and sequential processing, the theory retains its status as an unattainable ideal
From
Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), General Equilibrium Theory and Static or Stochastic Equilibria, p. 19
https://ssrn.com/abstract=5886442 · source PDF
Cite as
Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442
Holds when
Classification
conditionsupport: arguedeconomics
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