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We develop original models to study interacting agents in financial markets and in social networks. Within these models randomness is vital as a form of shock or news that decays with time. Agents learn from their observations and learning…

Mathematical Finance · Quantitative Finance 2023-07-14 Ionel Popescu , Tushar Vaidya

In high stake applications, active experimentation may be considered too risky and thus data are often collected passively. While in simple cases, such as in bandits, passive and active data collection are similarly effective, the price of…

Machine Learning · Computer Science 2023-07-06 Chenjun Xiao , Ilbin Lee , Bo Dai , Dale Schuurmans , Csaba Szepesvari

This paper considers the evolution of a network in a discrete time, stochastic setting in which agents learn about each other through repeated interactions and maintain/break links on the basis of what they learn from these interactions.…

Physics and Society · Physics 2015-11-27 Mihaela van der Schaar , Simpson Zhang

In this paper, I characterize the network formation process as a static game of incomplete information, where the latent payoff of forming a link between two individuals depends on the structure of the network, as well as private…

Econometrics · Economics 2024-04-22 Shaomin Wu

We analyze a model of learning and belief formation in networks in which agents follow Bayes rule yet they do not recall their history of past observations and cannot reason about how other agents' beliefs are formed. They do so by making…

Statistics Theory · Mathematics 2016-11-29 M. Amin Rahimian , Ali Jadbabaie

We propose a decision-theoretic framework in which a robot strategically can shape inferred human's prosocial state during repeated interactions. Modeling the human's prosociality as a latent state that evolves over time, the robot learns…

Human-Computer Interaction · Computer Science 2026-03-04 Zahra Zahedi , Xinyue Hu , Shashank Mehrotra , Mark Steyvers , Kumar Akash

We study a distributed learning process observed in human groups and other social animals. This learning process appears in settings in which each individual in a group is trying to decide over time, in a distributed manner, which option to…

Machine Learning · Computer Science 2017-05-10 L. Elisa Celis , Peter M. Krafft , Nisheeth K. Vishnoi

In real-world reinforcement learning applications the learner's observation space is ubiquitously high-dimensional with both relevant and irrelevant information about the task at hand. Learning from high-dimensional observations has been…

Machine Learning · Computer Science 2022-06-10 Yonathan Efroni , Dylan J. Foster , Dipendra Misra , Akshay Krishnamurthy , John Langford

We develop a model of social learning from overabundant information: Short-lived agents sequentially choose from a large set of (flexibly correlated) information sources for prediction of an unknown state. Signal realizations are public. We…

Computer Science and Game Theory · Computer Science 2018-06-20 Annie Liang , Xiaosheng Mu

Dynamical systems across many disciplines are modeled as interacting particles or agents, with interaction rules that depend on a very small number of variables (e.g. pairwise distances, pairwise differences of phases, etc...), functions of…

Machine Learning · Computer Science 2022-08-05 Jinchao Feng , Mauro Maggioni , Patrick Martin , Ming Zhong

We study a model of information aggregation and social learning recently proposed by Jadbabaie, Sandroni, and Tahbaz-Salehi, in which individual agents try to learn a correct state of the world by iteratively updating their beliefs using…

Social and Information Networks · Computer Science 2011-03-24 Pooya Molavi , Ali Jadbabaie

This paper presents models and algorithms for interactive sensing in social networks where individuals act as sensors and the information exchange between individuals is exploited to optimize sensing. Social learning is used to model the…

Social and Information Networks · Computer Science 2013-12-31 Vikram Krishnamurthy , H. Vincent Poor

Aggregated phenomena in social sciences and economics are highly dependent on the way individuals interact. To help understanding the interplay between socio-economic activities and underlying social networks, this paper studies a…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 David Chavalarias

We introduce a stochastic principal-agent model. A principal and an agent interact in a stochastic environment, each privy to observations about the state not available to the other. The principal has the power of commitment, both to elicit…

Computer Science and Game Theory · Computer Science 2024-09-13 Jiarui Gan , Rupak Majumdar , Debmalya Mandal , Goran Radanovic

Social learning is a powerful mechanism through which agents learn about the world from others. However, humans don't always choose to observe others, since social learning can carry time and cognitive resource costs. How do people balance…

Multiagent Systems · Computer Science 2025-07-15 Lance Ying , Ryan Truong , Joshua B. Tenenbaum , Samuel J. Gershman

We analyze a model of learning and belief formation in networks in which agents follow Bayes rule yet they do not recall their history of past observations and cannot reason about how other agents' beliefs are formed. They do so by making…

Social and Information Networks · Computer Science 2015-10-01 Mohammad Amin Rahimian , Ali Jadbabaie

Non-Bayesian social learning theory provides a framework that models distributed inference for a group of agents interacting over a social network. In this framework, each agent iteratively forms and communicates beliefs about an unknown…

Artificial Intelligence · Computer Science 2020-08-26 James Z. Hare , Cesar A. Uribe , Lance Kaplan , Ali Jadbabaie

We consider the evolutionary dynamics of a cooperative game on an adaptive network, where the strategies of agents (cooperation or defection) feed back on their local interaction topology. While mutual cooperation is the social optimum,…

Physics and Society · Physics 2010-09-13 Gerd Zschaler , Arne Traulsen , Thilo Gross

We study the roles of social and individual learning on outcomes of the Minority Game model of a financial market. Social learning occurs via agents adopting the strategies of their neighbours within a social network, while individual…

Physics and Society · Physics 2024-03-05 Bryce Morsky , Fuwei Zhuang , Zuojun Zhou

This work studies the distributed learning process on a network of agents. Agents make partial observation about an unknown hypothesis and iteratively share their beliefs over a set of possible hypotheses with their neighbors to learn the…

Systems and Control · Electrical Eng. & Systems 2024-11-19 P Raghavendra Rao , Pooja Vyavahare
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