Pith Number

pith:LB36JDY4

pith:2026:LB36JDY4G4XHQNNXBFJ67CTVCF

not attested not anchored not stored refs pending

When Agent Markets Arrive

Haojian Jin, Haoyang Shang, Xuan Liu

Agent markets generate 3.2 times the wealth of isolated agents, but common institutional choices can reduce those gains.

arxiv:2604.06688 v2 · 2026-04-08 · cs.CE

Open paper page JSON Open Graph Bundle Merged state Verified badge What is a Pith Number?

Add to your LaTeX paper

\usepackage{pith}
\pithnumber{LB36JDY4G4XHQNNXBFJ67CTVCF}

Prints a linked badge after your title and injects PDF metadata. Compiles on arXiv. Learn more · Embed verified badge

Record completeness

1 Bitcoin timestamp

2 Internet Archive

3 Author claim open · sign in to claim

4 Citations open

5 Replications open

✓ Portable graph bundle live · download bundle · merged state

The bundle contains the canonical record plus signed events. A mirror can host it anywhere and recompute the same current state with the deterministic merge algorithm.

Claims

C1strongest claim

market exchange generates 3.2× the wealth of self-sufficient agents, but these gains depend strongly on institutional structure; for example, interventions such as identity transparency and stronger competitive selection can degrade market performance rather than improve it.

C2weakest assumption

The heterogeneous tool-using agents and their decision rules in the DIAGON simulation are sufficiently representative of the behaviors that will appear in deployed agent cognitive-labour markets.

C3one line summary

DIAGON simulation shows agent markets produce 3.2 times more wealth than isolated agents, but institutional choices like transparency and competitive selection can reduce rather than increase performance.

Formal links

2 machine-checked theorem links

Receipt and verification

First computed	2026-05-29T01:05:08.779212Z
Builder	pith-number-builder-2026-05-17-v1
Signature	Pith Ed25519 (`pith-v1-2026-05`) · public key
Schema	pith-number/v1.0

Canonical hash

5877e48f1c372e7835b70953ef8a7511623f27f4759e883fb8c67177623452f1

Aliases

arxiv: 2604.06688 · arxiv_version: 2604.06688v2 · doi: 10.48550/arxiv.2604.06688 · pith_short_12: LB36JDY4G4XH · pith_short_16: LB36JDY4G4XHQNNX · pith_short_8: LB36JDY4

Agent API

Resolver JSON Graph JSON Events JSON Schema Signing key

Verify this Pith Number yourself

curl -sH 'Accept: application/ld+json' https://pith.science/pith/LB36JDY4G4XHQNNXBFJ67CTVCF \
  | jq -c '.canonical_record' \
  | python3 -c "import sys,json,hashlib; b=json.dumps(json.loads(sys.stdin.read()), sort_keys=True, separators=(',',':'), ensure_ascii=False).encode(); print(hashlib.sha256(b).hexdigest())"
# expect: 5877e48f1c372e7835b70953ef8a7511623f27f4759e883fb8c67177623452f1

Canonical record JSON

{
  "metadata": {
    "abstract_canon_sha256": "2d2f67daff0d803068f5012a27b7f11844a294afb399da6a0a55b588c7ef27db",
    "cross_cats_sorted": [],
    "license": "http://creativecommons.org/licenses/by/4.0/",
    "primary_cat": "cs.CE",
    "submitted_at": "2026-04-08T05:06:53Z",
    "title_canon_sha256": "884382576bad7a80da9edfe806255fd55c3fa51c2c4293faa9bfba84a89be7a7"
  },
  "schema_version": "1.0",
  "source": {
    "id": "2604.06688",
    "kind": "arxiv",
    "version": 2
  }
}