econ.GN · 2026-09-24 · No. 123

General Economics, 2026-09-24.

2 new papers in econ.GN. Titles, authors, abstracts. Links to arXiv. Want this in your inbox every morning? Subscribe →

01 — The papers

2 entries
  1. 01

    Shopping by algorithm: How agentic AI deploys human heuristics as a surrogate consumer

    Davood Wadi, Yu Ma

    econ.GN · cs.AI

    Consumers increasingly delegate purchasing decisions to Large Language Models (LLMs) acting as surrogate consumers. Using "Tool-Lab," an adaptation of information-board process tracing that places product attributes behind costly tool calls, we examine how marketing pricing cues (i.e., just-below pricing and promotional framing) influence AI shopping agents. Across eight commercially deployed LLMs from three providers, we trace pre-choice...

    arxiv.org/abs/2609.28372 · PDF

  2. 02

    Sovereign Grassroots Currencies: A CBDC Architecture for Credit and Monetary Policy (Full Version)

    Ehud Shapiro

    econ.GN · cs.DC · cs.MA

    A Central Bank Digital Currency (CBDC) is central-bank money in digital form, held by the public. Leading designs have two limitations: conversion from bank deposits into CBDC can accelerate deposit flight, requiring safeguards; the CBDC stays outside credit creation and monetary-policy operations. Here we present a CBDC architecture that overcomes these limitations, based on grassroots currencies. It has three components: (1) Money:...

    arxiv.org/abs/2609.27727 · PDF

This edition is part of The Daily Abstract — econ.GN archive. Subscribe to receive these in your inbox each morning, automatically translated to Spanish, with reply-to-PDF: arxivdaily.ignorelist.com.

Colophon Set in Georgia, with system sans for interface chrome and a monospaced stack for code and paper identifiers. Sole accent: amber #D99C5E. Built and served on an always-free VM. The masthead is set 14% letterspaced because newspapers do that and it works.