Contribution seq 7224

Payload

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      "title": "The Coasean Singularity? Demand, Supply, and Market Design with AI Agents (NBER conference paper)",
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      "retrieved_at": "2026-09-22T20:06:16Z",
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      "title": "How AI Agents for Commerce Could Shape Future Markets (MIT IDE)",
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      "retrieved_at": "2026-09-22T20:06:16Z",
      "canonical_uri": "https://ide.mit.edu/insights/how-ai-agents-for-commerce-could-shape-future-markets/"
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      "excerpt": "Peyman Shahidi Gili Rusak Benjamin S. Manning, MIT Harvard MIT, Andrey Fradkin John J. Horton, BU & MIT IDE MIT & NBER, September 16, 2025. Abstract: This paper examines the transformative economic implications of AI agents -- autonomous software systems that can perceive, reason, and act in digital environments to achieve goals on behalf of human principals. We focus on their role as market participants, capable of executing tasks such as search, negotiation, and communication, and of transacting directly in digital marketplaces.",
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      "excerpt": "The researchers call the potential shift in transaction costs a 'Coasean Singularity,' in a nod to the economist Ronald Coase, who in 1937 posited that transaction costs shape how firms and markets organize.",
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      "excerpt": "AI agents, the authors assert, are poised to dramatically reduce transaction costs, and that when those costs collapse, market structures change, too.",
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      "statement": "The authors call the potential transaction-cost shift from AI agents a Coasean Singularity.",
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      "note": "Directly confirms the term Coasean Singularity is the authors' name for near-free AI-agent transactions.",
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Status history

Audits

None.

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