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In online markets, agents often learn from other's actions in addition to their private information. Such observational learning can lead to herding or information cascades in which agents eventually ignore their private information and…

Social and Information Networks · Computer Science 2025-05-16 Pawan Poojary , Randall Berry

A characteristic feature of complex systems in general is a tight coupling between their constituent parts. In complex socio-economic systems this kind of behavior leads to self-organization, which may be both desirable (e.g. social…

Statistical Finance · Quantitative Finance 2017-03-29 Aleksejus Kononovicius , Vygintas Gontis

Scientists have traditionally limited the mechanisms of social cognition to one brain, but recent approaches claim that interaction also realizes cognitive work. Experiments under constrained virtual settings revealed that interaction…

Adaptation and Self-Organizing Systems · Physics 2014-01-17 Tom Froese , Hiroyuki Iizuka , Takashi Ikegami

Flocking is a coordinated collective behavior that results from local sensing between individual agents that have a tendency to orient towards each other. Flocking is common among animal groups and might also be useful in robotic swarms. In…

Multiagent Systems · Computer Science 2018-04-25 Daniel Y. Fu , Emily S. Wang , Peter M. Krafft , Barbara J. Grosz

Several models of flocking have been promoted based on simulations with qualitatively naturalistic behavior. In this paper we provide the first direct application of computational modeling methods to infer flocking behavior from…

Other Quantitative Biology · Quantitative Biology 2015-05-30 Graciano Dieck Kattas , Xiao-Ke Xu , Michael Small

We propose that a tree-like hierarchical structure represents a simple and effective way to model the emergent behaviour of financial markets, especially markets where there exists a pronounced intersection between social media influences…

Multiagent Systems · Computer Science 2024-10-02 Gonzalo Bohorquez , John Cartlidge

In this work, we analyze the circumstances under which social influence operations are likely to succeed. These circumstances include the selection of Confederate agents to execute intentional perturbations and the selection of Perturbation…

Social and Information Networks · Computer Science 2024-01-05 Peter Carragher , Lynnette Hui Xian Ng , Kathleen M. Carley

Computational models of collective behavior in birds has allowed us to infer interaction rules directly from experimental data. Using a generic form of these rules we explore the collective behavior and emergent dynamics of a simulated…

Adaptation and Self-Organizing Systems · Physics 2012-07-24 Michael Small , Xiaoke Xu

In a multi-agent system, transitioning from a centralized to a distributed decision-making strategy can introduce vulnerability to adversarial manipulation. We study the potential for adversarial manipulation in a class of graphical…

Computer Science and Game Theory · Computer Science 2017-11-03 Philip N. Brown , Holly Borowski , Jason R. Marden

Collective behavior of the complex socio-economic systems is heavily influenced by the herding, group, behavior of individuals. The importance of the herding behavior may enable the control of the collective behavior of the individuals. In…

Physics and Society · Physics 2014-04-03 Aleksejus Kononovicius , Vygintas Gontis

Agent-based models are versatile tools for studying how societal opinion change, including political polarization and cultural diffusion, emerges from individual behavior. This study expands agents' psychological realism using…

Multiagent Systems · Computer Science 2017-02-22 Peter Duggins

We propose a Statistical-Mechanics inspired framework for modeling economic systems. Each agent composing the economic system is characterized by a few variables of distinct nature (e.g. saving ratio, expectations, etc.). The agents…

Statistical Mechanics · Physics 2007-05-23 Tom Erez , Martin Hohnisch , Sorin Solomon

Individual choices are either based on personal experience or on information provided by peers. The latter case, causes individuals to conform to the majority in their neighborhood. Such herding behavior may be very efficient in aggregating…

Physics and Society · Physics 2009-11-11 Philippe Curty , Matteo Marsili

We investigate how information-spreading mechanisms affect opinion dynamics and vice-versa via an agent-based simulation on adaptive social networks. First, we characterize the impact of reposting on user behavior with limited memory, a…

Physics and Society · Physics 2024-10-23 Kleber A. Oliveira , Henrique F. de Arruda , Yamir Moreno

Bilateral markets, such as those for government bonds, involve decentralized and opaque transactions between market makers (MMs) and clients, posing significant challenges for traditional modeling approaches. To address these complexities,…

Trading and Market Microstructure · Quantitative Finance 2025-03-05 Alicia Vidler , Toby Walsh

Collective estimation is a variant of collective decision-making where agents reach consensus on a continuous quantity through social interactions. Achieving precise consensus is complex due to the co-evolution of opinions and the…

Social and Information Networks · Computer Science 2025-08-21 Mohsen Raoufi , Heiko Hamann , Pawel Romanczuk

Mathematical models for systems of interacting agents using simple local rules have been proposed and shown to exhibit emergent swarming behavior. Most of these models are constructed by intuition or manual observations of real phenomena,…

Adaptation and Self-Organizing Systems · Physics 2015-06-04 Graciano Dieck Kattas , Xiao-ke Xu , Michael Small

Large Language Model (LLM)-based Multi-Agent Systems (MASs) are increasingly deployed for agentic tasks, such as web automation, itinerary planning, and collaborative problem solving. Yet, their interactive nature introduces new security…

Multiagent Systems · Computer Science 2026-03-18 Samira Abedini , Sina Mavali , Lea Schönherr , Martin Pawelczyk , Rebekka Burkholz

Agent-based models are a natural choice for modeling complex social systems. In such models simple stochastic interaction rules for a large population of individuals can lead to emergent dynamics on the macroscopic scale, for instance a…

Physics and Society · Physics 2023-08-02 Luzie Helfmann , Jobst Heitzig , Péter Koltai , Jürgen Kurths , Christof Schütte

Processes of individual attitude formation and their macroscopic consequences have become an intriguing research topic, and agent-based models of opinion formation have been proposed to understand this phenomenon. This study conducted an…

Physics and Society · Physics 2020-11-30 Hirofumi Takesue
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