Research programme

Central question: how does two-sided market architecture turn matching quality into durable economic value?

  1. Liquidity and matching quality measurement by micro-market.
  2. Supply quality, activation, and saturation.
  3. How operating architecture connects to revenue and unit economics.
  4. Scoring, ranking, and feedback-loop risks in AI systems.

Working hypotheses

These are not established theories. Each records its evidence state, counterarguments and falsification conditions.

  1. Supply is not liquidity.
  2. Seller count is not marketplace health.
  3. Averages can hide scarcity and saturation at the same time.
  4. AI can improve allocation but cannot create absent demand.