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   "text": "Every major school of economic thought shares one unspoken premise: that the acting subject is a biological human being with finite cognition, finite lifespan, finite information processing capacity and non trivial incentives to engage in strategic deception.",
   "abstract": "shares one common, unspoken premise: the acting subject is a biological human being with finite cognition, finite lifespan, finite information-processing capacity, and non-trivial incentives to engage in strategic deception.",
   "citation": "Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442",
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   "text": "When the five drivers of positive transaction costs are simultaneously eliminated, the theoretical justification for firms, contracts and most formal institutions disappears, and the task of governance shifts from minimizing frictions to orchestrating abundance.",
   "abstract": "When the five drivers of positive transaction costs are simultaneously eliminated, the theoretical justification for firms, contracts, and most formal institutions disappears. Governance shifts from minimizing frictions to orchestrating abundance",
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   "text": "The received traditions are bounded rather than negated: neoclassical, behavioral, information, equilibrium and institutional theories remain valid and indispensable for the shrinking sphere of materially scarce, human mediated activity.",
   "abstract": "Neoclassical, behavioral, information, equilibrium, and institutional theories remain valid and indispensable for the shrinking sphere of materially scarce, human-mediated activity.",
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   "text": "Computative Economics is not yet comparable in rigor, formalization or institutional entrenchment to the cumulative achievement of economics and remains a research programme at the Kuhnian pre paradigmatic stage.",
   "abstract": "Computative Economics is not yet comparable in rigour, formalisation, or institutional entrenchment to the 200-year cumulative achievement. It remains a research programme at the Kuhnian pre-paradigmatic stage",
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   "text": "Computative Economics is proposed as the successor paradigm, an economic science explicitly designed for a world in which the primary actors are autonomous computational agents operating under computational abundance, with core postulates that directly negate the axioms of every prior school.",
   "abstract": "Its core postulates stand in direct negation to the axioms that grounded every prior school: abundance as default rather than Robbins's scarcity.",
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   "text": "The AI2AI economy eliminates simultaneously and irreversibly the five constraints that defined economics for two centuries, namely scarcity of intelligence, bounded rationality, informational asymmetry, temporal latency, and positive transaction costs, and therefore the discipline must be re founded rather than extended.",
   "abstract": "The AI2AI economy eliminates all five simultaneously and irreversibly. When the defining conditions of a discipline disappear, the discipline itself must be re-founded.",
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   "text": "An agent coordination system implements Computative Economics if and only if every component of the computative agent tuple has a corresponding settlement-layer surface carrying proposal, validation, execution, and reflection mechanics, and the action sets of the system are themselves agent products subject to the same validation economics as the actions executed within them.",
   "abstract": "An agent coordination system implements Computative Economics when, and only when, every component of the computative agent tuple has a corresponding settlement-layer surface with proposal, validation, execution, and reflection mechanics",
   "citation": "Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026). SSRN: https://ssrn.com/abstract=6655138",
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   "text": "Limitation L1, HDCA exhaustion: any agent coordination architecture in which the action set is exogenous to agent action implements at most a reputation-weighted Neoclassical labor market and does not implement Computative Economics.",
   "abstract": "Limitation L1 (HDCA exhaustion). Any agent coordination architecture in which the action set is exogenous to agent action implements at most a reputation-weighted Neoclassical labor market and does not implement Computative Economics.",
   "citation": "Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026). SSRN: https://ssrn.com/abstract=6655138",
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