Autonomous Economic Agents

Definition ∞ Autonomous Economic Agents are software programs designed to operate independently in economic systems. These agents perform tasks, execute transactions, and manage assets without constant human intervention. They utilize algorithms and predefined rules to make decisions, often within decentralized environments such as blockchain networks. Their operations can range from automated trading strategies to managing supply chain logistics.
Context ∞ The increasing sophistication of Autonomous Economic Agents within decentralized finance (DeFi) presents both opportunities and regulatory challenges. Discussions frequently center on accountability frameworks and the legal status of actions performed by these self-governing entities. Future developments will likely involve more complex AI-driven decision-making and broader integration into traditional financial markets, necessitating clear governance standards.