Related papers: Artificial Intelligence and Dual Contract
Algorithmic collusion is an emerging concept in current artificial intelligence age. Whether algorithmic collusion is a creditable threat remains as an argument. In this paper, we propose an algorithm which can extort its human rival to…
In this paper, we argue that competitive pressures could incentivize AI companies to underinvest in ensuring their systems are safe, secure, and have a positive social impact. Ensuring that AI systems are developed responsibly may therefore…
We present a continuous-time contract whereby a top-level player can incentivize a hierarchy of players below him to act in his best interest despite only observing the output of his direct subordinate. This paper extends Sannikov's…
While we would like agents that can coordinate with humans, current algorithms such as self-play and population-based training create agents that can coordinate with themselves. Agents that assume their partner to be optimal or similar to…
Human decision makers increasingly delegate choices to AI agents, raising a natural question: does the AI implement the human principal's preferences or pursue its own? To study this question using revealed preference techniques, I…
The high-density, decentralized copyright conflicts triggered by generative AI training require more than ad hoc solutions; they demand structural governance tools. This article argues that representative litigation settlement agreements…
Nowadays, a significant share of the business-to-consumer sector is based on online platforms like Amazon and Alibaba and uses AI for pricing strategies. This has sparked debate on whether pricing algorithms may tacitly collude to set…
We propose a multi-agent distributed reinforcement learning algorithm that balances between potentially conflicting short-term reward and sparse, delayed long-term reward, and learns with partial information in a dynamic environment. We…
Information asymmetry often leads to adverse selection and moral hazard in economic markets, causing inefficiencies and welfare losses. Traditional methods to address these issues, such as signaling and screening, are frequently…
As artificial intelligence (AI) becomes deeply integrated into critical infrastructures and everyday life, ensuring its safe deployment is one of humanity's most urgent challenges. Current AI models prioritize task optimization over safety,…
In the principal-agent problem formulated by Myerson'82, agents have private information (type) and make private decisions (action), both of which are unobservable to the principal. Myerson pointed out an elegant linear programming solution…
AI Agents can perform complex operations at great speed, but just like all the humans we have ever hired, their intelligence remains fallible. Miscommunications aren't noticed, systemic biases have no counter-action, and inner monologues…
This paper examines how the rapid deployment of multi-agentic AI systems is reshaping the foundations of copyright law and creative markets. It argues that existing copyright frameworks are ill-equipped to govern AI agent-mediated…
Models of economic decision makers often include idealized assumptions, such as rationality, perfect foresight, and access to all relevant pieces of information. These assumptions often assure the models' internal validity, but, at the same…
A leading proposal for aligning artificial superintelligence (ASI) is to use AI agents to automate an increasing fraction of alignment research as capabilities improve. We argue that, even when research agents are not scheming to…
The emergence of Large Language Models (LLMs) have fundamentally altered the way we interact with digital systems and have led to the pursuit of LLM powered AI agents to assist in daily workflows. LLMs, whilst powerful and capable of…
Value alignment problems arise in scenarios where the specified objectives of an AI agent don't match the true underlying objective of its users. The problem has been widely argued to be one of the central safety problems in AI.…
In online ad markets, a rising number of advertisers are employing bidding agencies to participate in ad auctions. These agencies are specialized in designing online algorithms and bidding on behalf of their clients. Typically, an agency…
As LLMs increasingly act as autonomous agents in interactive and multi-agent settings, understanding their strategic behavior is critical for safety, coordination, and AI-driven social and economic systems. We investigate how payoff…
Agentic Artificial Intelligence (AI) systems, exemplified by OpenAI's DeepResearch, autonomously pursue goals, adapting strategies through implicit learning. Unlike traditional generative AI, which is reactive to user prompts, agentic AI…