{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/6421319-026",
 "identifier": "kaal:claim:6421319-026",
 "text": "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.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "The Collapse of Scarcity Economics",
  "datePublished": "2026",
  "url": "https://ssrn.com/abstract=6421319",
  "sha256": "0f4f68e56ee48bb8b2d73d3ab7fd96fa572e76c195694ffa740360704c1b172d",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20The%20Collapse%20of%20Scarcity%20Economics.pdf"
 },
 "keywords": [
  "economics"
 ],
 "about": [
  "arrow-debreu",
  "complete-markets",
  "state-contingent-contracts",
  "general-equilibrium"
 ],
 "abstract": "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.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "applies where agents can run millions of forward simulations per second"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/30d415027ee35d416699aed02d42317caa09c42997a650fc1cbddfe3cdb6f4e2.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/5886442-021",
     "to_id": "kaal:claim:5886442-021",
     "similarity": 0.801
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "30d415027ee35d416699aed02d42317caa09c42997a650fc1cbddfe3cdb6f4e2",
 "canonicalForm": "https://wulfkaal.github.io/claims/6421319-026.md"
}