\section{Discussion}

\subsection{Transition to Agentic Market Microstructure}

Our analysis of the interaction dynamics between the platform and non-human actors suggests that the current static pricing models are insufficient for an agent-mediated economy. If we assume a transition toward a direct revelation mechanism, where actors must reveal their true valuation of a good through bidding dynamics, we inevitably introduce significant stochasticity into the pricing system. Unlike traditional e-commerce where prices are relatively sticky, such a mechanism implies a high volatility characteristic of financial equity markets (without the fungability however).

However, ecommerce commodities differ fundamentally from financial securities: they possess a hard floor defined by unit economics and reservation prices. The market might react enthusiastically to an iPhone priced at \$1, such a transaction is not permissible. The platform must establish an initial valuation anchor ($P_{0}$) defined by the marginal cost plus a target margin, around which the market price is permitted to fluctuate. We propose the introduction of GenAI Agents as Institutional Market Makers.

This is also under the assumption of expected transactional capabilities being given to AI Agents.



\subsection{Risk Assessment and Limitations}

Acknowledge risks and constraints and data sizes.

\subsection{Implications of Findings}

Interpretation of results and altenrative scenarios with broader market implications.
