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Agents, some with a bias, decide between undertaking a risky project and a safe alternative based on information about the project's efficiency. Only a part of that information is verifiable. Unbiased agents want to undertake only efficient…

General Economics · Economics 2023-05-12 Aditya Kuvalekar , João Ramos , Johannes Schneider

The issue of how to make embodied agents explainable has experienced a surge of interest over the last three years, and, there are many terms that refer to this concept, e.g., transparency or legibility. One reason for this high variance in…

Robotics · Computer Science 2021-02-19 Sebastian Wallkotter , Silvia Tulli , Ginevra Castellano , Ana Paiva , Mohamed Chetouani

Traditional statistical theory assumes that the analysis to be performed on a given data set is selected independently of the data themselves. This assumption breaks downs when data are re-used across analyses and the analysis to be…

Machine Learning · Computer Science 2017-06-06 Adam Smith

How do humans respond to indirect social influence when making decisions? We analysed an experiment where subjects had to repeatedly guess the correct answer to factual questions, while having only aggregated information about the answers…

Physics and Society · Physics 2013-02-12 Pavlin Mavrodiev , Claudio J. Tessone , Frank Schweitzer

Artificially intelligent systems, given a set of non-trivial ethical rules to follow, will inevitably be faced with scenarios which call into question the scope of those rules. In such cases, human reasoners typically will engage in…

Artificial Intelligence · Computer Science 2019-11-06 John Licato , Zaid Marji , Sophia Abraham

A principal hires an agent to acquire soft information about an unknown state. Even though neither how the agent learns nor what the agent discovers are contractible, we show the principal is unconstrained as to what information the agent…

Theoretical Economics · Economics 2023-07-31 Mark Whitmeyer , Kun Zhang

Influencing (and being influenced by) others through social networks is fundamental to all human societies. Whether this happens through the diffusion of rumors, opinions, or viruses, identifying the diffusion source (i.e., the person that…

Social and Information Networks · Computer Science 2022-09-05 Marcin Waniek , Manuel Cebrian , Petter Holme , Talal Rahwan

Individuals in groups must often choose between acting selfishly and cooperating for the common good. The choices they make are based on their beliefs on how they expect their actions to affect others. We show that for a broad set of…

adap-org · Physics 2009-09-25 Bernardo A. Huberman , Natalie S. Glance

Norms help regulate a society. Norms may be explicit (represented in structured form) or implicit. We address the emergence of explicit norms by developing agents who provide and reason about explanations for norm violations in deciding…

Multiagent Systems · Computer Science 2022-08-09 Rishabh Agrawal , Nirav Ajmeri , Munindar P. Singh

Indirect reciprocity is a mechanism by which individuals cooperate with those who have cooperated with others. This creates a regime in which repeated interactions are not necessary to incent cooperation (as would be required for direct…

Populations and Evolution · Quantitative Biology 2023-08-08 Victor Vikram Odouard , Michael Holton Price

Law enforcement acquires costly evidence with the aim of securing the conviction of a defendant, who is convicted if a decision-maker's belief exceeds a certain threshold. Either law enforcement or the decision-maker is biased and is…

Theoretical Economics · Economics 2021-11-22 Vasudha Jain , Mark Whitmeyer

Artificial agents have been shown to learn to communicate when needed to complete a cooperative task. Some level of language structure (e.g., compositionality) has been found in the learned communication protocols. This observed structure…

Artificial Intelligence · Computer Science 2019-10-30 Fushan Li , Michael Bowling

We study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large enough.…

Trading and Market Microstructure · Quantitative Finance 2010-04-29 Fabio Caccioli , Matteo Marsili

A universal feature of human societies is the adoption of systems of rules and norms in the service of cooperative ends. How can we build learning agents that do the same, so that they may flexibly cooperate with the human institutions they…

Artificial Intelligence · Computer Science 2024-02-23 Ninell Oldenburg , Tan Zhi-Xuan

Contemporary scientific research is a distributed, collaborative endeavor, carried out by teams of researchers, regulatory institutions, funding agencies, commercial partners, and scientific bodies, all interacting with each other and…

Methodology · Statistics 2024-02-09 Stephen Bates , Michael I. Jordan , Michael Sklar , Jake A. Soloff

We focus on how individual behavior that complies with social norms interferes with performance-based incentive mechanisms in organizations with multiple distributed decision-making agents. We model social norms to emerge from interactions…

General Economics · Economics 2021-02-25 Ravshanbek Khodzhimatov , Stephan Leitner , Friederike Wall

Our approach is basically a coherence approach, but we avoid the well-known pitfalls of coherence theories of truth. Consistency is replaced by reliability, which expresses support and attack, and, in principle, every theory (or agent,…

Artificial Intelligence · Computer Science 2018-04-03 Karl Schlechta

Imitation learning enables autonomous agents to learn from human examples, without the need for a reward signal. Still, if the provided dataset does not encapsulate the task correctly, or when the task is too complex to be modeled, such…

Artificial Intelligence · Computer Science 2024-06-10 Federico Malato , Ville Hautamaki

Economies and societal structures in general are complex stochastic systems which may not lend themselves well to algebraic analysis. An addition of subjective value criteria to the mechanics of interacting agents will further complicate…

General Finance · Quantitative Finance 2018-12-07 Dmitriy Volinskiy , Lana Cuthbertson , Omid Ardakanian

Culture involves the origination and transmission of ideas, but the conditions in which culture can emerge and evolve are unclear. We constructed and studied a highly simplified neural-network model of these processes. In this model ideas…

Neurons and Cognition · Quantitative Biology 2023-10-16 Kingsley J. A. Cox , Paul R. Adams
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