Paper Clarification: Defining the "Coasean Singularity"
soumitrashukla9 · x · 2026-09-01
Amid various interpretations of the "Coasean Singularity," co-author Andrey Fradkin clarifies the paper's claims.
Key Points:
- The paper examines how AI agent representatives assisting with market transactions could transform market structures.
- The name derives from transaction cost theory, predicting fundamental shifts in market organization as transaction costs approach zero.
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