kaal:claim:6607458-029

Price and quantity controls are not the operative policy levers in computative settings, because price no longer carries the coordinating information it carries in the Neoclassical economy and quantity controls act on outputs whose realization-level supply is effectively unbounded.

Source quote, verbatim
Price controls operate on a signal that no longer carries the coordinating information it carries in the Neoclassical economy, Quantity controls operate on outputs whose supply is effectively unbounded at the realization
From

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026), VII.D. Proposition 4: Policy Targets Computational Access and Objective Function, p. 21
https://ssrn.com/abstract=6607458 · source PDF

Cite as

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

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failuresupport: arguedfailure: Obsolescence of Price and Quantity Controlsfamily: rule-obsolescence-and-ossificationeconomicsgovernance-design

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