kaal:claim:6655138-018

Recursive equilibrium under Computative Economics is not static equilibrium but equilibrium over the dynamics of generation, with the fixed point located in the rate and structure of action-set expansion rather than in a stationary action set.

Source quote, verbatim

Recursive equilibrium under Computative Economics is not equilibrium in the static sense. It is equilibrium over the dynamics of generation. The fixed point is in the rate and structure of action-set expansion, not in a stationary action set.

From

Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026), V.B Generatively open topology, p. 13
https://ssrn.com/abstract=6655138 · source PDF

Cite as

Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026). SSRN: https://ssrn.com/abstract=6655138

Classification

definitionalsupport: arguedeconomics

Related claims

extends kaal:claim:6607458-021 A recursive equilibrium is a profile of generation functions and allocations satisfying individual optimality ...
extends kaal:claim:6607458-022 Proposition 1: if the spaces of generation functions and domain models are nonempty, compact, and convex, and ...

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