kaal:claim:6421319-026

Arrow Debreu market completeness ceases to be a theoretical construct and becomes operational reality, because AI agents can generate, evaluate, and execute state contingent agreements across astronomically large state spaces in real time.

Source quote, verbatim
Where humans cannot specify contracts for every future state, AI2AI agents can generate, evaluate, and execute state-contingent agreements across astronomically large state spaces in real time, effectively creating complete markets endogenously.
From

Wulf A. Kaal, The Collapse of Scarcity Economics (2026), VI.B. Arrow-Debreu Completeness as Operational Reality, p. 24
https://ssrn.com/abstract=6421319 · source PDF

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

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mechanismsupport: arguedeconomics

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