# kaal:claim:6421319-025

**Claim.** The Walrasian auctioneer is replaced by the agents themselves: price discovery ceases to be a slow tatonnement process requiring a central coordinator and becomes a continuous, decentralized, latency free computation executed by autonomous agents.

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

**Holds when.**

- conditional on agents orchestrated by large language models running on globally distributed compute

**Source quote.**

> Price discovery is no longer a slow tâtonnement process requiring a central coordinator. It is a continuous, decentralized, latency-free computation executed by the agents themselves.

**From.** Wulf A. Kaal, *The Collapse of Scarcity Economics* (2026), VI.A. Walras's Auctioneer Disappears, page 23

**Cite as.** Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319

**Verify.** sha256 of source PDF `0f4f68e56ee48bb8b2d73d3ab7fd96fa572e76c195694ffa740360704c1b172d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20The%20Collapse%20of%20Scarcity%20Economics.pdf

**Topics.** economics, ai-and-agents

**Keywords.** general-equilibrium, walras, price-discovery, tatonnement, autonomous-agents

**Related claims.**

- restates: https://wulfkaal.github.io/claims/5886442-020

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