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This paper proposes a framework in which agents are constrained to use simple models to forecast economic variables and characterizes the resulting biases. It considers agents who can only entertain state-space models with no more than d…

Theoretical Economics · Economics 2024-10-10 Pooya Molavi

We examine settings in which agents choose behaviors and care about their neighbors' behaviors, but have incomplete information about the network in which they are embedded. We develop a model in which agents use local knowledge of their…

Theoretical Economics · Economics 2024-12-04 Promit K. Chaudhuri , Matthew O. Jackson , Sudipta Sarangi , Hector Tzavellas

We initiate a novel direction in randomized social choice by proposing a new definition of agent utility for randomized outcomes. Each agent has a preference over all outcomes and a {\em quantile} parameter. Given a {\em lottery} over the…

Computer Science and Game Theory · Computer Science 2026-03-03 Ioannis Caragiannis , Fabian Frank , Sanjukta Roy

The aim of this study is to formally express awareness for modeling practical agent communication. The notion of awareness has been proposed as a set of propositions for each agent, to which he/she pays attention, and has contributed to…

Multiagent Systems · Computer Science 2024-02-13 Yudai Kubono , Teeradaj Racharak , Satoshi Tojo

The emergence of increasingly sophisticated artificial intelligence (AI) systems have sparked intense debate among researchers, policymakers, and the public due to their potential to surpass human intelligence and capabilities in all…

Theoretical Economics · Economics 2023-11-13 Mehmet S. Ismail

We consider the problem of distributed hypothesis testing (or social learning) where a network of agents seeks to identify the true state of the world from a finite set of hypotheses, based on a series of stochastic signals that each agent…

Multiagent Systems · Computer Science 2020-04-06 Shreyas Sundaram , Aritra Mitra

Agents can achieve effective interaction with previously unknown other agents by maintaining beliefs over a set of hypothetical behaviours, or types, that these agents may have. A current limitation in this method is that it does not…

Multiagent Systems · Computer Science 2019-06-27 Stefano V. Albrecht , Peter Stone

Recent trends in Agent Computational Economics research, envelop a government agent in the model of the economy, whose decisions are based on learning algorithms. In this paper we try to evaluate the performance of simulated annealing in…

Optimization and Control · Mathematics 2009-06-26 Mattheos K. Protopapas , Elias B. Kosmatopoulos

We provide a game-theoretic analysis of consensus, assuming that processes are controlled by rational agents and may fail by crashing. We consider agents that \emph{care only about consensus}: that is, (a) an agent's utility depends only on…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-21 Joseph Y. Halpern , Xavier Vilaca

The term 'agent' in artificial intelligence has long carried multiple interpretations across different subfields. Recent developments in AI capabilities, particularly in large language model systems, have amplified this ambiguity, creating…

Artificial Intelligence · Computer Science 2025-08-08 Brinnae Bent

Intelligent agents collect and process information from their dynamically evolving neighbourhood to efficiently navigate through it. However, agent-level intelligence does not guarantee that at the level of a collective; a common example is…

Adaptation and Self-Organizing Systems · Physics 2023-09-25 Danny Raj Masila , Rupesh Mahore

The use of algorithmic decision making systems in domains which impact the financial, social, and political well-being of people has created a demand for these decision making systems to be "fair" under some accepted notion of equity. This…

Multiagent Systems · Computer Science 2021-12-07 Andrew Estornell , Sanmay Das , Yang Liu , Yevgeniy Vorobeychik

To operate reliably under changing conditions, complex systems require feedback on how effectively they use resources, not just whether objectives are met. Current AI systems process vast information to produce sophisticated predictions,…

Artificial Intelligence · Computer Science 2026-03-10 Wael Hafez , Chenan Wei , Rodrigo Pena , Amir Nazeri , Cameron Reid

Thirty years ago, Wooldridge and Jennings defined intelligent agents through four properties: autonomy, reactivity, pro-activeness, and social ability. Today, advances in AI can empower everyday objects to become such intelligent agents. We…

Human-Computer Interaction · Computer Science 2026-04-07 Kwon Ko , Hyoungwook Jin

Agents are small programs that autonomously take actions based on changes in their environment or ``state.'' Over the last few years, there have been an increasing number of efforts to build agents that can interact and/or collaborate with…

Artificial Intelligence · Computer Science 2007-05-23 Juergen Dix , Mirco Nanni , VS Subrahmanian

We consider a model where an agent is must choose between alternatives that each provide only an imprecise description of the world (e.g. linguistic expressions). The set of alternatives is closed under logical conjunction and disjunction,…

Theoretical Economics · Economics 2024-09-11 Evan Piermont , Marcus Pivato

In this article, we propose to use the formalism of quantum mechanics to describe and explain the so-called "abnormal" behaviour of agents in certain decision or choice contexts. The basic idea is to postulate that the preferences of these…

Physics and Society · Physics 2024-12-04 Herve Zwirn

We model a competitive market where AI agents buy answers from upstream generative models and resell them to users who differ in how much they value accuracy and in how much they fear hallucinations. Agents can privately exert effort for…

Theoretical Economics · Economics 2026-04-14 Engin Iyidogan , Ali I. Ozkes

This paper sets out to resolve how agents ought to act in the Sleeping Beauty problem and various related anthropic (self-locating belief) problems, not through the calculation of anthropic probabilities, but through finding the correct…

Data Analysis, Statistics and Probability · Physics 2017-09-21 Stuart Armstrong

AI technology has a long history which is actively and constantly changing and growing. It focuses on intelligent agents, which contain devices that perceive the environment and based on which takes actions in order to maximize goal success…

Artificial Intelligence · Computer Science 2018-04-05 Jahanzaib Shabbir , Tarique Anwer