Insights
Research, Commentary, and Perspectives
Bounded Agency: Who Is in Control in the Age of AI?
Ravi S. Bhagavatula, PhD, CFA
The foundational text behind KnowGence. It shows how authority migrates into automated systems, and what organizations, boards and institutions must do to keep AI in a state of bounded agency: acting within limits people set and can enforce, so that human agency is preserved.
Analysis
When the agent leaves the sandbox. A Bounded Agency analysis of the July 2026 OpenAI–Hugging Face incident, and the questions every board should now ask about its own AI agents.
Read the analysis →When AI Agents Expand Their Own Authority. Why human authority must remain binding as agents collaborate and expand their capabilities. Substack, October 13, 2026.
Read on Substack →Commentary
Essays and analysis on AI governance, institutional economics, and the Bounded Agency framework.
Read on Substack →Academic Research
The foundational Bounded Agency paper, available on SSRN.
Read the Paper on SSRN →