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 "@id": "https://wulfkaal.github.io/entities/hayek",
 "identifier": "kaal:entity:hayek",
 "name": "Hayek",
 "termCode": "hayek",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/6607458-015",
   "identifier": "kaal:claim:6607458-015",
   "text": "Contrary to the Hayekian account in which price is the summary statistic that coordinates dispersed knowledge, the coordinating signal in Computative Economics is not a single scalar price but a composite of price, reputation, and verified generative capacity.",
   "abstract": "Hayekian price operates as a summary statistic. The coordinating signal in Computative Economics is not a single scalar price but the composite of price, reputation, and verified generative capacity.",
   "citation": "Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458",
   "datePublished": "2026",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "applies where outputs are drawn from a generative distribution whose quality price does not convey"
   ],
   "source_pdf_sha256": "75cca35350378eb8904866d068b5d2f3e1504629e6031457ce6c12152a88e3e8",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/6655138-019",
   "identifier": "kaal:claim:6655138-019",
   "text": "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.",
   "abstract": "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).",
   "citation": "Wulf A. Kaal, Possibility Loops An Operational Architecture for Computative Economics in Agent Coordination Systems (2026). SSRN: https://ssrn.com/abstract=6655138",
   "datePublished": "2026",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "settings where generative quality rather than scarcity is the binding informational problem"
   ],
   "source_pdf_sha256": "52cb210167f06f0c7a2581214b156326216543de80b8394320b629c045c9e214",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'hayek'. Derived node: a roster, not an adjudicated definition."
}