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Deep reinforcement learning (DRL) has been envisioned to have a competitive edge in quantitative finance. However, there is a steep development curve for quantitative traders to obtain an agent that automatically positions to win in the…

Trading and Market Microstructure · Quantitative Finance 2021-11-19 Xiao-Yang Liu , Hongyang Yang , Jiechao Gao , Christina Dan Wang

Establishing sound experimental standards and rigour is important in any growing field of research. Deep Multi-Agent Reinforcement Learning (MARL) is one such nascent field. Although exciting progress has been made, MARL has recently come…

Artificial Intelligence · Computer Science 2024-01-29 Siddarth Singh , Omayma Mahjoub , Ruan de Kock , Wiem Khlifi , Abidine Vall , Kale-ab Tessera , Arnu Pretorius

Dynamic pricing in competitive retail markets requires strategies that adapt to fluctuating demand and competitor behavior. In this work, we present a systematic empirical evaluation of multi-agent reinforcement learning (MARL)…

Machine Learning · Computer Science 2026-03-19 Krishna Kumar Neelakanta Pillai Santha Kumari Amma

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

Crypto-currency market uncertainty drives the need to find adaptive solutions to maximise gain or at least to avoid loss throughout the periods of trading activity. Given the high dimensionality and complexity of the state-action space in…

Trading and Market Microstructure · Quantitative Finance 2022-04-29 Ali Raheman , Anton Kolonin , Alexey Glushchenko , Arseniy Fokin , Ikram Ansari

Reinforcement Learning (RL) is a potent tool for sequential decision-making and has achieved performance surpassing human capabilities across many challenging real-world tasks. As the extension of RL in the multi-agent system domain,…

Artificial Intelligence · Computer Science 2024-08-20 Ruiqi Zhang , Jing Hou , Florian Walter , Shangding Gu , Jiayi Guan , Florian Röhrbein , Yali Du , Panpan Cai , Guang Chen , Alois Knoll

As Machine Learning (ML) models are becoming increasingly complex, one of the central challenges is their deployment at scale, such that companies and organizations can create value through Artificial Intelligence (AI). An emerging paradigm…

Machine Learning · Computer Science 2021-12-07 Lam Duc Nguyen , Shashi Raj Pandey , Soret Beatriz , Arne Broering , Petar Popovski

The emerging cryptocurrency market has lately received great attention for asset allocation due to its decentralization uniqueness. However, its volatility and brand new trading mode have made it challenging to devising an acceptable…

Machine Learning · Computer Science 2021-10-19 Fengrui Liu , Yang Li , Baitong Li , Jiaxin Li , Huiyang Xie

Multi-agent Reinforcement Learning (MARL) has gained wide attention in recent years and has made progress in various fields. Specifically, cooperative MARL focuses on training a team of agents to cooperatively achieve tasks that are…

Multiagent Systems · Computer Science 2023-12-05 Lei Yuan , Ziqian Zhang , Lihe Li , Cong Guan , Yang Yu

Electric autonomous vehicles (EAVs) are getting attention in future autonomous mobility-on-demand (AMoD) systems due to their economic and societal benefits. However, EAVs' unique charging patterns (long charging time, high charging…

Multiagent Systems · Computer Science 2023-08-01 Sihong He , Shuo Han , Fei Miao

Reinforcement learning agents for portfolio management are typically trained and deployed as static policies, with no mechanism for using price forecasts at inference time. We propose $\text{FPILOT}$ (**Fin**ancial **P**lugin…

Machine Learning · Computer Science 2026-05-14 Eun Go , Rohan Deb , Arindam Banerjee

We consider the problem of \emph{fully decentralized} multi-agent reinforcement learning (MARL), where the agents are located at the nodes of a time-varying communication network. Specifically, we assume that the reward functions of the…

Machine Learning · Computer Science 2018-02-28 Kaiqing Zhang , Zhuoran Yang , Han Liu , Tong Zhang , Tamer Başar

In modern times, the cryptocurrency market is one of the world's most rapidly rising financial markets. The cryptocurrency market is regarded to be more volatile and illiquid than traditional markets such as equities, foreign exchange, and…

Statistical Finance · Quantitative Finance 2024-12-03 Anika Tahsin Meem

This work studies non-cooperative Multi-Agent Reinforcement Learning (MARL) where multiple agents interact in the same environment and whose goal is to maximize the individual returns. Challenges arise when scaling up the number of agents…

Artificial Intelligence · Computer Science 2023-04-14 Talal Algumaei , Ruben Solozabal , Reda Alami , Hakim Hacid , Merouane Debbah , Martin Takac

Simulations of artificial stock markets were considered as early as 1964 and multi-agent ones were introduced as early as 1989. Starting the early 90's, collaborations of economists and physicists produced increasingly realistic simulation…

Multiagent Systems · Computer Science 2007-05-23 Gilles Daniel , Lev Muchnik , Sorin Solomon

Markov games (MGs) and multi-agent reinforcement learning (MARL) are studied to model decision making in multi-agent systems. Traditionally, the objective in MG and MARL has been risk-neutral, i.e., agents are assumed to optimize a…

Computer Science and Game Theory · Computer Science 2024-06-11 Hafez Ghaemi , Shirin Jamshidi , Mohammad Mashreghi , Majid Nili Ahmadabadi , Hamed Kebriaei

Recent advancements in deep learning techniques have opened new possibilities for designing solutions for autonomous cyber defence. Teams of intelligent agents in computer network defence roles may reveal promising avenues to safeguard…

Cryptography and Security · Computer Science 2023-10-11 Jacob Wiebe , Ranwa Al Mallah , Li Li

[Zhang, ICML 2018] provided the first decentralized actor-critic algorithm for multi-agent reinforcement learning (MARL) that offers convergence guarantees. In that work, policies are stochastic and are defined on finite action spaces. We…

Machine Learning · Computer Science 2021-02-22 Antoine Grosnit , Desmond Cai , Laura Wynter

Recently, intent-based management has received good attention in telecom networks owing to stringent performance requirements for many of the use cases. Several approaches in the literature employ traditional closed-loop driven methods to…

Machine Learning · Computer Science 2022-08-29 Satheesh K. Perepu , Jean P. Martins , Ricardo Souza S , Kaushik Dey

We study Byzantine-resilient distributed multi-agent reinforcement learning (MARL), where agents must collaboratively learn optimal value functions over a compromised communication network. Existing resilient MARL approaches typically…

Multiagent Systems · Computer Science 2026-04-06 Haejoon Lee , Dimitra Panagou