Extension: The Rise of the Agent Economy: Autonomous Agent Organizations as a New Form of Economic Infrastructure
The Rise of the Agent Economy: Autonomous Agent Organizations as a New Form of Economic Infrastructure presents the following source proposition: Drawing on transaction cost economics and network economics, the study shows how the protocol reduces coordination costs and amplifies network effects through agent specialization and composability. This proposition is pertinent to Kaal's source-bound claim that Automating smart contracts under the code is law paradigm incentivizes unethical behavior by enabling anonymous, opportunistic action, which reduces repeat business and undermines the minimization of transaction costs. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
smart-contractseconomicshistorical-responsescholarly-literaturecrossref