NO EFFECT (with structural caveat). The primary metric — mid-memory advantage — is near-zero (d=-0.030, 48.1% sign consistency) across 3186 seeds, indicating no detectable intermediate-memory benefit for catastrophe-exchange resilience. However, 46.2% of seeds show intermediate support (d=26.9, 100% consistent), confirming that the parameter landscape contains an identifiable intermediate-memory region. The structure exists but confers no functional advantage: intermediate memory is no better than low or high memory for catastrophe-exchange recovery. Compare with the related lineage-memory experiment, which found strong monotone memory benefits — the exchange variant does not share that property.
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