kaal:claim:6607458-011

The computative agent is not a satisficer, because computational resources are capital rather than a fixed cognitive endowment, so added capacity scales the size and quality of the generable possibility space rather than easing a cognitive bound.

The computative agent is not a satisficer. Computational resources are capital rather than a fixed cognitive endowment. An increase in computational capacity increases the size and quality of the possibility space the agent can generate

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026), III.C. Distinction from the Bounded-Rationality Agent, p. 10
https://ssrn.com/abstract=6607458 · source PDF

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458

mechanismsupport: arguedrisk-and-incentives

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