# kaal:claim:6655138-019

**Claim.** The possibility loop generalizes the function Hayek assigned to the price system: where prices aggregate information about scarcity, the validation pool aggregates information about generative quality.

**Type.** mechanism  **Support.** argued

**Holds when.**

- settings where generative quality rather than scarcity is the binding informational problem

**Source quote.**

> The reconciliation is that the possibility loop generalizes the price-system function: where prices aggregate information about scarcity, the validation pool aggregates information about generative quality (Hayek 1945).

**From.** Wulf A. Kaal, *Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems* (2026), V.B Generatively open topology, page 13

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

**Verify.** sha256 of source PDF `52cb210167f06f0c7a2581214b156326216543de80b8394320b629c045c9e214` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20Possibility%20Loops%20An%20Operational%20Architecture%20for%20Computative%20Economics%20in%20Agent%20Coordination%20Systems.pdf

**Topics.** economics

**Keywords.** hayek, price-system, validation-pool, information-aggregation

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