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I am wondering whether there is a microeconomic analysis of software agents. There seem to be parrallels between software agents, or more generally, programs, and topics in economics:

  • principal agent problem: in some sense, a program is an "agent" that executes something that the programmer the "principal" wants. Obviously this is not the same as human agents. I am wondering if this has been analysed by economists.

  • A contract agreed to by two parties, is somewhat similar to a software program. The writing of software programs could be compared to contract writing. Perhaps there is an economic analysis of software development, in the style of contract theory?

  • possibly other microeconomic analyses of programs and software agents.

Is there literature on this?

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    $\begingroup$ Well, it seems unlikely. Principal-agent problems are all about incentives, not sure how a program will need incentives to do exactly what the programmer wants. Unless we are in some dystopian AI world. $\endgroup$ – Student Apr 29 at 23:35

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