kaal:claim:6607458-020

The three dissolution mechanisms compound: marginal cost collapse undermines price signals, transformed asymmetry relocates the binding informational constraint to computational access, and cognitive labor substitution removes the bounded human decision-makers whose limits justified transaction-cost institutions.

The three mechanisms compound. Marginal cost collapse undermines the price signals that information economics relies on. The transformation of information asymmetry relocates the binding informational constraint from knowledge possession to computational access.

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026), V. Three Dissolution Mechanisms, p. 15
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: arguedfailure: Compounding Institutional Dissolutionfamily: transition-and-migration-riskeconomics

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