English

Learned Collusion

Theoretical Economics 2025-05-29 v3 Artificial Intelligence Computer Science and Game Theory

Abstract

Q-learning can be described as an all-purpose automaton that provides estimates (Q-values) of the continuation values associated with each available action and follows the naive policy of almost always choosing the action with highest Q-value. We consider a family of automata based on Q-values, whose policy may systematically favor some actions over others, for example through a bias that favors cooperation. We look for stable equilibrium biases, easily learned under converging logit/best-response dynamics over biases, not requiring any tacit agreement. These biases strongly foster collusion or cooperation across a rich array of payoff and monitoring structures, independently of initial Q-values.

Keywords

Cite

@article{arxiv.2304.12647,
  title  = {Learned Collusion},
  author = {Olivier Compte},
  journal= {arXiv preprint arXiv:2304.12647},
  year   = {2025}
}

Comments

41 pages, 19 figures, 14 tables