1% ============================================================================2% UQO Working Paper No. 25 — When AI Agents Become Economic Agents:3% An Agentic General Equilibrium Theory (Simon-Pierre Boucher)4% Preamble = UQO template (Recherche-UQO/HARMONISATION.md) + amsthm environments5% ============================================================================6\documentclass[12pt,letterpaper]{article}78\usepackage[utf8]{inputenc}9\usepackage[T1]{fontenc}10\usepackage[english]{babel}11\usepackage[letterpaper,top=1in,bottom=1in,left=1in,right=1in]{geometry}12\usepackage{mathptmx}13\usepackage{microtype}14\usepackage{setspace}15\onehalfspacing16\usepackage{amsmath,amssymb,amsthm}17\usepackage{mathtools}18\theoremstyle{plain}19\newtheorem{proposition}{Proposition}20\newtheorem{lemma}{Lemma}21\newtheorem{corollary}{Corollary}22\newtheorem{theorem}{Theorem}23\newtheorem{conjecture}{Conjecture}24\theoremstyle{definition}25\newtheorem{assumption}{Assumption}26\newtheorem{definition}{Definition}27\theoremstyle{remark}28\newtheorem{remark}{Remark}29\newtheorem{example}{Example}30\usepackage{booktabs}31\usepackage{tabularx}32\usepackage{multirow}33\usepackage{threeparttable}34\usepackage{longtable}35\usepackage{siunitx}36\sisetup{input-symbols = {()}, table-format = -1.3, parse-numbers = false}37\usepackage{graphicx}38\graphicspath{{figures/}}39\usepackage{subcaption}40\usepackage{float}41\usepackage{placeins}42\usepackage[dvipsnames]{xcolor}43\usepackage[colorlinks=true,linkcolor=NavyBlue,citecolor=NavyBlue,urlcolor=NavyBlue,breaklinks=true]{hyperref}44\usepackage[authoryear,round,semicolon]{natbib}45\bibliographystyle{aer}46\usepackage[font=small,labelfont=bf,labelsep=period,justification=justified,singlelinecheck=false]{caption}47\usepackage{fancyhdr}48\pagestyle{fancy}49\fancyhf{}50\renewcommand{\headrulewidth}{0pt}51\fancyfoot[C]{\thepage}52\usepackage{titlesec}53\titleformat{\section}{\large\bfseries}{\thesection.}{0.5em}{}54\titleformat{\subsection}{\normalsize\bfseries}{\thesubsection.}{0.5em}{}55\titleformat{\subsubsection}{\normalsize\itshape}{\thesubsubsection.}{0.5em}{}56\usepackage[toc,page]{appendix}57\usepackage{enumitem}58\setlist{nosep,leftmargin=*}59\usepackage{listings}60\lstset{basicstyle=\ttfamily\footnotesize,breaklines=true,frame=single,columns=fullflexible}6162% --- notation macros63\newcommand{\E}{\mathbb{E}}64\newcommand{\Var}{\operatorname{Var}}65\newcommand{\Cov}{\operatorname{Cov}}66\newcommand{\R}{\mathbb{R}}67\newcommand{\dd}{\mathrm{d}}68\newcommand{\PV}{\mathrm{PV}}69\DeclareMathOperator*{\argmax}{arg\,max}7071% ============================================================================72% METADATA73% ============================================================================74\newcommand{\WPnumber}{25}75\newcommand{\WPtitle}{When AI Agents Become Economic Agents}76\newcommand{\WPsubtitle}{An Agentic General Equilibrium Theory}77\newcommand{\WPdate}{October 2026}78\newcommand{\WPversion}{1.0}79\newcommand{\WPabstract}{%80 \input{sections/abstract}%81}82\newcommand{\WPkeywords}{artificial intelligence, delegation, foundation models, dispersed information, general equilibrium, compute, wealth inequality, market microstructure, LLM agents}83\newcommand{\WPjel}{D82, D83, E13, E21, E44, G12, G14, O33}84\newcommand{\WPauthor}{Simon-Pierre Boucher}85\newcommand{\WPaffiliation}{%86 Département des sciences administratives\\87 Université du Québec en Outaouais%88}89\newcommand{\WPemail}{simon-pierre.boucher@uqo.ca}90\newcommand{\WPaddress}{%91 Gatineau -- Pavillon Alexandre-Taché\\92 283, boulevard Alexandre-Taché\\93 Gatineau, Québec, Canada J9A 1L8%94}95\hypersetup{pdftitle={When AI Agents Become Economic Agents: An Agentic General Equilibrium Theory}, pdfauthor={Simon-Pierre Boucher}}9697% --- Generated numbers (scripts/50_tables.py -> paper/tables/numbers.tex)98\input{tables/numbers}99\input{tables/fallbacks}100101\begin{document}102\input{sections/titlepage}103\input{sections/introduction}104\input{sections/literature}105\input{sections/environment}106\input{sections/theory}107\input{sections/hamodel}108\input{sections/markets}109\input{sections/computation}110\input{sections/llm_design}111\input{sections/calibration}112\input{sections/results_a}113\input{sections/results_b}114\input{sections/results_c}115\input{sections/robustness}116\input{sections/limitations}117\input{sections/conclusion}118119\newpage120\bibliography{references}121122\newpage123\begin{appendices}124\renewcommand{\thetable}{\Alph{section}\arabic{table}}125\renewcommand{\thefigure}{\Alph{section}\arabic{figure}}126\renewcommand{\theequation}{\Alph{section}.\arabic{equation}}127\setcounter{table}{0}\setcounter{figure}{0}\setcounter{equation}{0}128\input{appendices/proofs}129\input{appendices/algorithms}130\input{appendices/prompts}131\input{appendices/data}132\input{appendices/replication}133\input{appendices/extra_figures}134\end{appendices}135\end{document}136