1# Baseline configuration — UQO WP25 (annual frequency, illustrative US calibration; see docs/parameter_ledger.csv)2seed: 202610273economy:4 beta: 0.96 # discount factor (annual)5 gamma: 2.0 # CRRA6 alpha: 0.33 # capital share of value added in the task bundle nest7 delta: 0.06 # depreciation of physical capital8 nu: 0.5 # Frisch elasticity (Model A: labour fixed unless frisch_on)9 chi: 1.0 # labour disutility scale (set so that l=1/3 in steady state)10 rho_z: 0.90 # TFP persistence (annual)11 sigma_eps: 0.02 # TFP innovation s.d. (annual)12 tasks:13 iota_bar: 0.5 # technologically automatable task share (frontier)14 psi0: 1.0 # compute productivity at task 015 psi1: 3.0 # decay of compute productivity across tasks16 compute:17 KQ: 0.0 # compute stock (0 = zero-AI limit); set by scenarios18 delta_Q: 0.20 # compute depreciation19 pK_Q0: 1.0 # price of a unit of compute capital in goods at t=020 g_Q: 0.25 # annual decline rate of compute capital price21 supply_elasticity: 1.0 # long-run supply elasticity of compute (0 = fixed stock)22 qbar: 0.002 # compute units per delegated decision per year23 ebar: 0.001 # energy units per delegated decision per year24 pE: 1.0 # energy price in goods25 tau_s: 0.01 # supervision time per delegated decision (share of time endowment)26information:27 tau_theta: 2500.0 # prior precision of theta = 1/sigma_eps^228 tau_H_mean: 500.0 # mean precision of human private signals29 tau_H_dispersion: 1.0 # log-normal dispersion of human precision across households30 tau_A: 5000.0 # precision of foundation-model signal31 M: 1 # number of independent foundation models32 kappa_dist: {type: lognormal, mu: -6.0, sigma: 1.0} # delegation disutility distribution (utility units)33