Related papers: Too Noisy to Collude? Algorithmic Collusion Under …
A fundamental question about a market is under what conditions, and then how rapidly, does price signaling cause price equilibration. Qualitatively, this ought to depend on how well-connected the market is. We address this question…
This study explores the robustness of label noise classifiers, aiming to enhance model resilience against noisy data in complex real-world scenarios. Label noise in supervised learning, characterized by erroneous or imprecise labels,…
This paper develops the theoretical foundations for the ability of a control field to cooperate with noise in the manipulation of quantum dynamics. The noise enters as run-to-run variations in the control amplitudes, phases and frequencies…
Large language models (LLMs) have demonstrated impressive capabilities as autonomous agents with rapidly expanding applications in various domains. As these agents increasingly engage in socioeconomic interactions, identifying their…
The growing importance of massive datasets used for deep learning makes robustness to label noise a critical property for classifiers to have. Sources of label noise include automatic labeling, non-expert labeling, and label corruption by…
Coalitional control is concerned with the management of multi-agent systems where cooperation cannot be taken for granted (due to, e.g., market competition, logistics). This paper proposes a model predictive control (MPC) framework aimed at…
Existing auction mechanisms are vulnerable to bidder collusion, which substantially degrades revenue and non-colluder welfare. To design truthful mechanisms resilient to collusion, we introduce a novel approach that leverages a machine…
The monotonic ordinal classification has increased the interest of researchers and practitioners within machine learning community in the last years. In real applications, the problems with monotonicity constraints are very frequent. To…
In this paper, we answer the question of when inserting label noise (less informative labels) can instead return us more accurate and fair models. We are primarily inspired by three observations: 1) In contrast to reducing label noise…
We consider the problem of how to regulate an oligopoly when firms have private information about their costs. In the environment, consumers make discrete choices over goods, and minimal structure is placed on the manner in which firms…
We study a 1D ring of diffusively coupled logistic maps in the vicinity of an unstable, spatially homogeneous fixed point. The failure of linear controllers due to additive noise is discussed with the aim of clarifying the failure…
We present a methodology to robustly estimate the competitive equilibria (CE) of combinatorial markets under the assumption that buyers do not know their precise valuations for bundles of goods, but instead can only provide noisy estimates.…
Financial correlation matrices measure the unsystematic correlations between stocks. Such information is important for risk management. The correlation matrices are known to be ``noise dressed''. We develop a new and alternative method to…
Crowdsourcing systems aggregate decisions of many people to help users quickly identify high-quality options, such as the best answers to questions or interesting news stories. A long-standing issue in crowdsourcing is how option quality…
In supervised classification tasks, models are trained to predict a label for each data point. In real-world datasets, these labels are often noisy due to annotation errors. While the impact of label noise on the performance of deep…
How does competition in markets for information affect the creation and division of surplus? We study this question in a search environment in which an agent searches sequentially for a high-quality good and learns about the quality of…
Decoherence and imperfect control are crucial challenges for quantum technologies. Common protection strategies rely on noise temporal autocorrelation, which is not optimal if other correlations are present. We develop and demonstrate…
Higher criticism is a method for detecting signals that are both sparse and weak. Although first proposed in cases where the noise variables are independent, higher criticism also has reasonable performance in settings where those variables…
Democratic societies increasingly rely on communication networks to aggregate citizen preferences and information, yet these same networks can systematically mislead voters under certain conditions. We introduce an agent-based model that…
This paper is concerned with the problem of controlling a system of constrained dynamic subsystems in a way that balances the performance degradation of decentralized control with the practical cost of centralized control. We propose a…