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In this paper, reinforcement learning is applied to the problem of optimizing market making. A multi-agent reinforcement learning framework is used to optimally place limit orders that lead to successful trades. The framework consists of…

Trading and Market Microstructure · Quantitative Finance 2018-12-27 Yagna Patel

The teleoperated driving (TD) scenario comes with stringent Quality of Service (QoS) communication constraints, especially in terms of end-to-end (E2E) latency and reliability. In this context, Predictive Quality of Service (PQoS), possibly…

Networking and Internet Architecture · Computer Science 2025-05-07 Giacomo Avanzi , Marco Giordani , Michele Zorzi

In human society, the conflict between self-interest and collective well-being often obstructs efforts to achieve shared welfare. Related concepts like the Tragedy of the Commons and Social Dilemmas frequently manifest in our daily lives.…

Multiagent Systems · Computer Science 2025-06-17 Yue Jin , Shuangqing Wei , Giovanni Montana

This study investigates how Multi-Agent Reinforcement Learning (MARL) can improve dynamic pricing strategies in supply chains, particularly in contexts where traditional ERP systems rely on static, rule-based approaches that overlook…

Machine Learning · Computer Science 2025-07-04 Thomas Hazenberg , Yao Ma , Seyed Sahand Mohammadi Ziabari , Marijn van Rijswijk

Large language models (LLMs) exhibit complementary strengths across domains and come with varying inference costs, motivating the design of multi-agent LLM systems where specialized models collaborate efficiently. Existing approaches…

Computation and Language · Computer Science 2025-11-05 Bowen Jin , TJ Collins , Donghan Yu , Mert Cemri , Shenao Zhang , Mengyu Li , Jay Tang , Tian Qin , Zhiyang Xu , Jiarui Lu , Guoli Yin , Jiawei Han , Zirui Wang

Offline multi-agent reinforcement learning (MARL) aims to learn effective multi-agent policies from pre-collected datasets, which is an important step toward the deployment of multi-agent systems in real-world applications. However, in…

Machine Learning · Computer Science 2023-03-02 Qi Tian , Kun Kuang , Furui Liu , Baoxiang Wang

Reinforcement Learning (RL) enables an intelligent agent to optimise its performance in a task by continuously taking action from an observed state and receiving a feedback from the environment in form of rewards. RL typically uses tables…

Artificial Intelligence · Computer Science 2025-01-28 Alberto Castagna

Multi-agent reinforcement learning (MARL) models multiple agents that interact and learn within a shared environment. This paradigm is applicable to various industrial scenarios such as autonomous driving, quantitative trading, and…

Artificial Intelligence · Computer Science 2023-06-14 Xianliang Yang , Zhihao Liu , Wei Jiang , Chuheng Zhang , Li Zhao , Lei Song , Jiang Bian

The majority of Multi-Agent Reinforcement Learning (MARL) literature equates the cooperation of self-interested agents in mixed environments to the problem of social welfare maximization, allowing agents to arbitrarily share rewards and…

Multiagent Systems · Computer Science 2023-06-16 Dmitry Ivanov , Ilya Zisman , Kirill Chernyshev

Multi-objective reinforcement learning (MORL) is the generalization of standard reinforcement learning (RL) approaches to solve sequential decision making problems that consist of several, possibly conflicting, objectives. Generally, in…

Artificial Intelligence · Computer Science 2019-10-08 Xi Chen , Ali Ghadirzadeh , Mårten Björkman , Patric Jensfelt

This work leverages adaptive social learning to estimate partially observable global states in multi-agent reinforcement learning (MARL) problems. Unlike existing methods, the proposed approach enables the concurrent operation of social…

Multiagent Systems · Computer Science 2025-08-11 Ainur Zhaikhan , Malek Khammassi , Ali H. Sayed

Multi-agent reinforcement learning (MARL) has exploded in popularity in recent years. While numerous approaches have been developed, they can be broadly categorized into three main types: centralized training and execution (CTE),…

Machine Learning · Computer Science 2025-05-22 Christopher Amato

This paper introduces a novel approach to radio resource allocation in multi-cell wireless networks using a fully scalable multi-agent reinforcement learning (MARL) framework. A distributed method is developed where agents control…

Multiagent Systems · Computer Science 2024-09-19 Yiming Zhang , Dongning Guo

Deep Reinforcement Learning (RL) algorithms can solve complex sequential decision tasks successfully. However, they have a major drawback of having poor sample efficiency which can often be tackled by knowledge reuse. In Multi-Agent…

Multiagent Systems · Computer Science 2019-05-30 Ercüment İlhan , Jeremy Gow , Diego Perez-Liebana

Multi-agent reinforcement learning (MARL) has long been a significant and everlasting research topic in both machine learning and control. With the recent development of (single-agent) deep RL, there is a resurgence of interests in…

Machine Learning · Computer Science 2019-12-10 Kaiqing Zhang , Zhuoran Yang , Tamer Başar

Multi-agent reinforcement learning is a standard framework for modeling multi-agent interactions applied in real-world scenarios. Inspired by experience sharing in human groups, learning knowledge parallel reusing between agents can…

Artificial Intelligence · Computer Science 2020-04-01 Yongyuan Liang , Bangwei Li

Multi-agent systems (MAS) have shown great potential in executing complex tasks, but coordination and safety remain significant challenges. Multi-Agent Reinforcement Learning (MARL) offers a promising framework for agent collaboration, but…

Computer Vision and Pattern Recognition · Computer Science 2025-03-14 Ziqi Jia , Junjie Li , Xiaoyang Qu , Jianzong Wang

Offline multi-agent reinforcement learning (MARL) is an exciting direction of research that uses static datasets to find optimal control policies for multi-agent systems. Though the field is by definition data-driven, efforts have thus far…

Machine Learning · Computer Science 2024-09-19 Claude Formanek , Louise Beyers , Callum Rhys Tilbury , Jonathan P. Shock , Arnu Pretorius

Most real-world domains can be formulated as multi-agent (MA) systems. Intentionality sharing agents can solve more complex tasks by collaborating, possibly in less time. True cooperative actions are beneficial for egoistic and collective…

Artificial Intelligence · Computer Science 2022-04-26 Philipp Dominic Siedler

Market making (MM) is an important research topic in quantitative finance, the agent needs to continuously optimize ask and bid quotes to provide liquidity and make profits. The limit order book (LOB) contains information on all active…

Computational Finance · Quantitative Finance 2023-05-26 Hong Guo , Jianwu Lin , Fanlin Huang
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