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A proposer requires the approval of a veto player to change a status quo. Preferences are single peaked. Proposer is uncertain about Vetoer's ideal point. We study Proposer's optimal mechanism without transfers. Vetoer is given a menu, or a…

Theoretical Economics · Economics 2022-12-29 Navin Kartik , Andreas Kleiner , Richard Van Weelden

This work studies a dynamic mechanism design problem in which a principal delegates decision makings to a group of privately-informed agents without the monetary transfer or burning. We consider that the principal privately possesses…

Computer Science and Game Theory · Computer Science 2022-01-19 Tao Zhang , Quanyan Zhu

Impartial selection problems are concerned with the selection of one or more agents from a set based on mutual nominations from within the set. To avoid strategic nominations of the agents, the axiom of impartiality requires that the…

Computer Science and Game Theory · Computer Science 2024-10-01 Javier Cembrano , Max Klimm , Arturo Merino

We consider a moral hazard problem with multiple principals in a continuous-time model. The agent can only work exclusively for one principal at a given time, so faces an optimal switching problem. Using a randomized formulation, we manage…

Probability · Mathematics 2022-09-14 Kaitong Hu , Zhenjie Ren , Junjian Yang

We study the distributed facility location problem, where a set of agents with positions on the line of real numbers are partitioned into disjoint districts, and the goal is to choose a point to satisfy certain criteria, such as optimize an…

Computer Science and Game Theory · Computer Science 2023-01-05 Aris Filos-Ratsikas , Panagiotis Kanellopoulos , Alexandros A. Voudouris , Rongsen Zhang

This paper is devoted to distributed continuous-time and discrete-time optimization problems with nonuniform convex constraint sets and nonuniform stepsizes for general differentiable convex objective functions. The communication graphs are…

Optimization and Control · Mathematics 2020-03-03 Peng Lin , Wei Ren , Chunhua Yang , Weihua Gui

The fundamental assignment problem is in search of welfare maximization mechanisms to allocate items to agents when the private preferences over indivisible items are provided by self-interested agents. The mainstream mechanism…

Computer Science and Game Theory · Computer Science 2019-06-04 Yansong Gao , Jie Zhang

Adding a capacity constraint to a hidden-action principal-agent problem results in the same set of Pareto optimal contracts as the unconstrained problem where output is scaled down by a constant factor. This scaling factor is increasing in…

Theoretical Economics · Economics 2024-12-03 Aubrey Clark

Multi-agent LLM systems delegate tasks across trust boundaries, but current protocols do not govern delegation under unverifiable quality claims. We show that when delegates can inflate self-reported quality scores, quality-based routing…

Multiagent Systems · Computer Science 2026-03-20 Sunil Prakash

We study a principal-agent problem with adverse selection, where the principal does not know the agent's true cost but must design a contract to optimize a specific criterion. Unlike standard screening frameworks that allow for…

Theoretical Economics · Economics 2026-05-19 Guillermo Alonso Alvarez , Ibrahim Ekren , Liwei Huang

Pandora's Box is a central problem in decision making under uncertainty that can model various real life scenarios. In this problem we are given $n$ boxes, each with a fixed opening cost, and an unknown value drawn from a known…

Data Structures and Algorithms · Computer Science 2023-02-01 Evangelia Gergatsouli , Christos Tzamos

The problem of controlling multi-agent systems under different models of information sharing among agents has received significant attention in the recent literature. In this paper, we consider a setup where rather than committing to a…

Optimization and Control · Mathematics 2021-04-23 Sagar Sudhakara , Dhruva Kartik , Rahul Jain , Ashutosh Nayyar

The hidden-action model provides an optimal sharing rule for situations in which a principal assigns a task to an agent who makes an effort to carry out the task assigned to him. However, the principal can only observe the task outcome but…

General Economics · Economics 2022-10-18 Stephan Leitner , Friederike Wall

We introduce and study a computational version of the principal-agent problem -- a classic problem in Economics that arises when a principal desires to contract an agent to carry out some task, but has incomplete information about the agent…

Computer Science and Game Theory · Computer Science 2023-05-18 David Hyland , Julian Gutierrez , Michael Wooldridge

We investigate the distributed online economic dispatch problem for power systems with time-varying coupled inequality constraints. The problem is formulated as a distributed online optimization problem in a multi-agent system. At each time…

Optimization and Control · Mathematics 2025-12-25 Yingjie Zhou , Xiaoqian Wang , Tao Li

Pandora's problem is a fundamental model in economics that studies optimal search strategies under costly inspection. In this paper we initiate the study of Pandora's problem with combinatorial costs, capturing many real-life scenarios…

Data Structures and Algorithms · Computer Science 2024-02-20 Ben Berger , Tomer Ezra , Michal Feldman , Federico Fusco

We study principal-agent problems in which a principal commits to an outcome-dependent payment scheme -- called contract -- in order to induce an agent to take a costly, unobservable action leading to favorable outcomes. We consider a…

Computer Science and Game Theory · Computer Science 2024-06-10 Francesco Bacchiocchi , Matteo Castiglioni , Alberto Marchesi , Nicola Gatti

This paper is mainly devoted to the distributed second-order multi-agent optimization problem with unbalanced and directed networks. To deal with this problem, a new distributed algorithm is proposed based on the local neighbor information…

Systems and Control · Electrical Eng. & Systems 2020-05-05 Lipo Mo , Haokun Hu , Yongguang Yu , Guojian Ren

We analyze conditional optimization problems arising in discrete time Principal-Agent problems of delegated portfolio optimization with linear contracts. Applying tools from Conditional Analysis we show that some results known in the…

Mathematical Finance · Quantitative Finance 2016-06-15 Julio Backhoff , Ulrich Horst

Collective or group intelligence is manifested in the fact that a team of cooperating agents can solve problems more efficiently than when those agents work in isolation. Although cooperation is, in general, a successful problem solving…

Multiagent Systems · Computer Science 2019-12-19 Sandro M. Reia , André C. Amado , José F. Fontanari
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