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 "identifier": "kaal:entity:information-economics",
 "name": "Information economics",
 "termCode": "information-economics",
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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/5886442-019",
   "identifier": "kaal:claim:5886442-019",
   "text": "Hidden action, that is moral hazard, and hidden information, that is adverse selection, are not merely reduced in the agentic economy but rendered computationally impossible at the substrate level, because every intermediate computation is attested on chain or through zero knowledge proofs.",
   "abstract": "Every intermediate computation is attested on-chain or via zero-knowledge proofs. Hidden action (moral hazard) and hidden information (adverse selection) are not merely reduced. They are rendered computationally impossible at the substrate level",
   "citation": "Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442",
   "datePublished": "2025",
   "claim_type": "mechanism",
   "confidence": "argued",
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   "scope_conditions": [
    "holds among artificial agents, not for the remaining human layer"
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   "@id": "https://wulfkaal.github.io/claims/6421319-020",
   "identifier": "kaal:claim:6421319-020",
   "text": "Costly signaling through degrees, warranties, bonding, and credit scores becomes redundant when direct verification is instantaneous and free, and the Spencian signaling game has no moves left when every agent capability is directly and costlessly observable.",
   "abstract": "When every agent's capability is directly and costlessly observable, the signaling game has no moves to make.",
   "citation": "Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319",
   "datePublished": "2026",
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   "text": "The agent with superior compute generates a superior possibility space, and this computational advantage is not eroded by the competitive dynamics that dissipate informational advantages in classical markets.",
   "abstract": "The agent with superior compute generates a superior possibility space, and this computational advantage is not subject to the competitive dynamics that erode informational advantages in classical markets.",
   "citation": "Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458",
   "datePublished": "2026",
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 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'information-economics'. Derived node: a roster, not an adjudicated definition."
}