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Recursive or looped language models have recently emerged as a new scaling axis by iteratively refining the same model computation over latent states to deepen reasoning. We extend such scaling principle from a single model to multi-agent…

Artificial Intelligence · Computer Science 2026-04-29 Xiyuan Yang , Jiaru Zou , Rui Pan , Ruizhong Qiu , Pan Lu , Shizhe Diao , Jindong Jiang , Hanghang Tong , Tong Zhang , Markus J. Buehler , Jingrui He , James Zou

Recent advancements in financial problem-solving have leveraged LLMs and agent-based systems, with a primary focus on trading and financial modeling. However, credit assessment remains an underexplored challenge, traditionally dependent on…

Computation and Language · Computer Science 2025-07-31 Gautam Jajoo , Pranjal A Chitale , Saksham Agarwal

A multi-agent AI system (MAS) is composed of multiple autonomous agents that interact, exchange information, and make decisions based on internal generative models. Recent advances in large language models and tool-using agents have made…

In this paper, our objective is to develop a multi-agent financial system that incorporates simulated trading, a technique extensively utilized by financial professionals. While current LLM-based agent models demonstrate competitive…

Artificial Intelligence · Computer Science 2025-10-07 Xiangyu Li , Yawen Zeng , Xiaofen Xing , Jin Xu , Xiangmin Xu

Multi-agent systems (MAS) and reinforcement learning (RL) are widely used to enhance the agentic capabilities of large language models (LLMs). MAS improves task performance through role-based orchestration, while RL uses environmental…

Machine Learning · Computer Science 2026-02-02 Yujie Zhao , Lanxiang Hu , Yang Wang , Minmin Hou , Hao Zhang , Ke Ding , Jishen Zhao

Multi-agent LLM systems enable advanced reasoning and tool use via role specialization, yet reliable reinforcement learning (RL) post-training for such systems remains difficult. In this work, we theoretically pinpoint a key reason for…

Machine Learning · Computer Science 2026-02-10 Lang Feng , Longtao Zheng , Shuo He , Fuxiang Zhang , Bo An

Service system performance depends on how participants respond to design choices, but modeling these responses is hard due to the complexity of human behavior. We introduce an LLM-powered multi-agent simulation (LLM-MAS) framework for…

Artificial Intelligence · Computer Science 2026-04-07 Yanyuan Wang , Xiaowei Zhang

Large Language Model-based multi-agent systems (MAS) have shown remarkable progress in solving complex tasks through collaborative reasoning and inter-agent critique. However, existing approaches typically treat each task in isolation,…

Computation and Language · Computer Science 2025-05-30 Yilong Li , Chen Qian , Yu Xia , Ruijie Shi , Yufan Dang , Zihao Xie , Ziming You , Weize Chen , Cheng Yang , Weichuan Liu , Ye Tian , Xuantang Xiong , Lei Han , Zhiyuan Liu , Maosong Sun

Large language models (LLMs) are versatile, yet their deployment in complex real-world settings is limited by static knowledge cutoffs and the difficulty of producing controllable behavior within a single inference. Multi-agent search…

Machine Learning · Computer Science 2026-04-21 Guanzhong Chen , Shaoxiong Yang , Chao Li , Wei Liu , Jian Luan , Zenglin Xu

LLM-based multi-agent systems (MAS) have emerged as an effective paradigm for complex and long-horizon tasks. However, in real-world tasks, MAS often exhibit various failures during execution and such failures are difficult to eliminate…

Multiagent Systems · Computer Science 2026-05-29 Zhezheng Hao , Tianfu Wang , Huanshuo Dong , Ziyan Liu , Hong Wang , Xiankun Lin , Qiang Lin , Can Wang , Hande Dong , Jiawei Chen

Large Language Model-based Multi-Agent Systems (MASs) have emerged as a powerful paradigm for tackling complex tasks through collaborative intelligence. However, the topology of these systems--how agents in MASs should be configured,…

Multiagent Systems · Computer Science 2025-10-20 Jiaxi Yang , Mengqi Zhang , Yiqiao Jin , Hao Chen , Qingsong Wen , Lu Lin , Yi He , Srijan Kumar , Weijie Xu , James Evans , Jindong Wang

This study investigates large language model (LLM) -based multi-agent systems (MASs) as a promising approach to inventory management, which is a key component of supply chain management. Although these systems have gained considerable…

Multiagent Systems · Computer Science 2026-02-06 Konosuke Yoshizato , Kazuma Shimizu , Ryota Higa , Takanobu Otsuka

This paper presents a simulation model based on the general framework of Multi-Agent System (MAS) that can be used to investigate construction project bidding process. Specifically, it can be used to investigate different strategies in…

Multiagent Systems · Computer Science 2015-03-23 Rui Liu

Multi-agent systems (MAS) built on large language models (LLMs) offer a promising path toward solving complex, real-world tasks that single-agent systems often struggle to manage. While recent advancements in test-time scaling (TTS) have…

Artificial Intelligence · Computer Science 2025-08-20 Can Jin , Hongwu Peng , Qixin Zhang , Yujin Tang , Dimitris N. Metaxas , Tong Che

In this paper, we propose to incorporate the blackboard architecture into LLM multi-agent systems (MASs) so that (1) agents with various roles can share all the information and others' messages during the whole problem-solving process, (2)…

Multiagent Systems · Computer Science 2025-07-03 Bochen Han , Songmao Zhang

The rapid growth of crypto markets has opened new opportunities for investors, but at the same time exposed them to high volatility. To address the challenge of managing dynamic portfolios in such an environment, this paper presents a…

Portfolio Management · Quantitative Finance 2025-07-29 Antonino Castelli , Paolo Giudici , Alessandro Piergallini

Multi-agent systems (MAS) have emerged as a promising approach for enhancing the reasoning capabilities of large language models in complex problem-solving; however, current MAS frameworks suffer from poor flexibility and scalability with…

Multiagent Systems · Computer Science 2025-06-02 Heng Zhou , Hejia Geng , Xiangyuan Xue , Li Kang , Yiran Qin , Zhiyong Wang , Zhenfei Yin , Lei Bai

This paper formalises the literature on emerging design patterns and paradigms for Large Language Model (LLM)-enabled multi-agent systems (MAS), evaluating their practical utility across various domains. We define key architectural…

Multiagent Systems · Computer Science 2026-01-08 Harri Renney , Maxim N Nethercott , Nathan Renney , Peter Hayes

Large language models (LLMs) have proven effective in artificial intelligence, where the multi-agent system (MAS) holds considerable promise for healthcare development by achieving the collaboration of LLMs. However, the absence of a…

Artificial Intelligence · Computer Science 2026-05-13 Zhihao Peng , Liuxin Bao , Yixuan Yuan

Large language model (LLM)-based multi-agent systems (MASs) are a recent but rapidly evolving technology with the potential to transform chemical engineering by decomposing complex workflows into teams of collaborative agents with…

Multiagent Systems · Computer Science 2025-08-12 Sophia Rupprecht , Qinghe Gao , Tanuj Karia , Artur M. Schweidtmann