When Are Aggregate Agent Traces Diagnosable? Traffic-Governed Interpretation and Calibrated Abstention

Runtime traces can appear transparent, but a closed-loop policy determines which states are visited and which failures become visible. We study a simulated hotel-pricing agent mapping time, inventory, and market state to discrete price actions under varying demand regimes. A fault may leave no aggregate trace when the policy rarely visits affected cells. We treat entry into aggregate-only fault interpretation as a diagnosability decision preceding scoring or localization. A reference-map gate requires repeated clean-policy support; a matched runtime gate then requires joint support in clean and current streams. Signal analysis occurs only after both pass. We calibrate false admission on a disjoint clean stream at the physical-component level and model detection by affected clean traffic rather than nominal cell coverage. In a frozen one-shot heldout, 55/72 (76.4%) regime-component units were reference-admitted, representing 20 physical components; 54/55 passed matched runtime admission, while the rejected unit abstained. Stable false admission was 0/20, with a one-sided exact 95% upper bound of 0.1391, meeting the frozen 0.20 criterion. Across 540 repeated unit-arm rows nested in those 20 clusters, affected clean traffic reduced negative log likelihood by 29.3% relative to cell coverage, a gain of 0.1264 nats per row (cluster-bootstrap 95% interval [0.0593, 0.1918]). Adding mask family and its interaction improved log loss by 0.0015 nats per row (one-sided upper bound 0.0066), below the frozen 0.01 practical-sufficiency margin. A development audit found that exact minimum hitting set and greedy selection chose identical supports in 12/12 scenarios because singleton evidence had resolved the conflicts. The result is a bounded rule for interpreting aggregate agent behavior: first establish exposure, then score change, and abstain when the trace cannot support the claim.