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How do you incentivize self-interested agents to $\textit{explore}$ when they prefer to $\textit{exploit}$? We consider complex exploration problems, where each agent faces the same (but unknown) MDP. In contrast with traditional…

Machine Learning · Computer Science 2023-02-21 Max Simchowitz , Aleksandrs Slivkins

Problem definition: Accurately modeling consumer behavior in energy operations is challenging due to uncertainty, behavioral heterogeneity, and limited empirical data-particularly in low-frequency, high-impact events. While generative AI…

Artificial Intelligence · Computer Science 2026-03-03 Cong Chen , Omer Karaduman , Xu Kuang

In dynamic settings each economic agent's choices can be revealing of her private information. This elicitation via the rationalization of observable behavior depends each agent's perception of which payoff-relevant contingencies other…

Theoretical Economics · Economics 2021-05-17 Evan Piermont , Peio Zuazo-Garin

We introduce a resource allocation framework for goal-oriented semantic networks, where participating agents assess system quality through subjective (e.g., context-dependent) perceptions. To accommodate this, our model accounts for agents…

Information Theory · Computer Science 2025-06-06 Symeon Vaidanis , Photios A. Stavrou , Marios Kountouris

We study the problem of a planner who resolves risk-return trade-offs - like financial investment decisions - on behalf of a collective of agents with heterogeneous risk preferences. The planner's objective is a two-stage utility functional…

General Finance · Quantitative Finance 2021-06-25 Anne G. Balter , Nikolaus Schweizer

We formalize trust calibration for agentic tool use (deciding when an automated agent's proposed action may execute autonomously versus require human approval) as a preference-learning problem. A policy gateway maintains a Gaussian-process…

Artificial Intelligence · Computer Science 2026-05-20 Changkun Ou

Automated decision-making under uncertainty requires balancing exploitation and exploration. Classical methods treat these separately using heuristics, while Active Inference unifies them through Expected Free Energy (EFE) minimization.…

Artificial Intelligence · Computer Science 2025-11-25 Wouter W. L. Nuijten , Mykola Lukashchuk

As frontier language models are increasingly deployed as autonomous agents pursuing complex, long-term objectives, there is increased risk of scheming: agents covertly pursuing misaligned goals. Prior work has focused on showing agents are…

Artificial Intelligence · Computer Science 2026-03-31 Mia Hopman , Jannes Elstner , Maria Avramidou , Amritanshu Prasad , David Lindner

Many decision-making problems feature multiple objectives where it is not always possible to know the preferences of a human or agent decision-maker for different objectives. However, demonstrated behaviors from the decision-maker are often…

Artificial Intelligence · Computer Science 2024-10-01 Junlin Lu , Patrick Mannion , Karl Mason

Data-carving methods perform selective inference by conditioning the distribution of data on the observed selection event. However, existing data-carving approaches typically require an analytically tractable characterization of the…

Methodology · Statistics 2025-06-03 Sifan Liu , Snigdha Panigrahi

In this paper, we consider a general distributed system with multiple agents who select and then implement actions in the system. The system has an operator with a centralized objective. The agents, on the other hand, are selfinterested and…

Computer Science and Game Theory · Computer Science 2020-01-15 Donya Ghavidel , Pratyush Chakraborty , Enrique Baeyens , Vijay Gupta , Pramod P. Khargonekar

Despite the frequent use of agent-based models (ABMs) for studying social phenomena, parameter estimation remains a challenge, often relying on costly simulation-based heuristics. This work uses variational inference to estimate the…

Computers and Society · Computer Science 2025-12-04 Jacopo Lenti , Fabrizio Silvestri , Gianmarco De Francisci Morales

Transparency and explainability are important features that responsible autonomous vehicles should possess, particularly when interacting with humans, and causal reasoning offers a strong basis to provide these qualities. However, even if…

Artificial Intelligence · Computer Science 2025-11-18 Rhys Howard , Nick Hawes , Lars Kunze

Active sensing links behavior and learning through an action-perception loop: actions determine the observations used to update internal predictive models of perception, which subsequently guide the next actions. Predictive-coding…

Neurons and Cognition · Quantitative Biology 2026-05-28 Kseniia Shilova , Abdelrahman Sharafeldin , Advay Balakrishnan , Hannah Choi

How to incentivize self-interested agents to explore when they prefer to exploit? Consider a population of self-interested agents that make decisions under uncertainty. They "explore" to acquire new information and "exploit" this…

Computer Science and Game Theory · Computer Science 2024-10-23 Aleksandrs Slivkins

Active Inference is an emerging framework providing a quantitative account of behavioral processes in neuroscience and a principled approach to decision-making under uncertainty. Its application to agency problems is natural, offering an…

Computational Engineering, Finance, and Science · Computer Science 2026-04-15 Francesco Maria Mancinelli , Matteo Torzoni , Domenico Maisto , Francesco Donnarumma , Alberto Corigliano , Giovanni Pezzulo , Andrea Manzoni

Active learning agents typically employ a query selection algorithm which solely considers the agent's learning objectives. However, this may be insufficient in more realistic human domains. This work uses imitation learning to enable an…

Machine Learning · Computer Science 2019-07-02 Kalesha Bullard , Yannick Schroecker , Sonia Chernova

Understanding how road users resolve space-sharing conflicts is important both for traffic safety and the safe deployment of autonomous vehicles. While existing models have captured specific aspects of such interactions (e.g., explicit…

Artificial Intelligence · Computer Science 2026-05-12 Julian F. Schumann , Johan Engström , Ran Wei , Shu-Yuan Liu , Jens Kober , Arkady Zgonnikov

We propose a game-theoretic framework that incorporates both incomplete information and general ambiguity attitudes on factors external to all players. Our starting point is players' preferences on payoff-distribution vectors, essentially…

Economics · Quantitative Finance 2017-04-04 Jian Yang

Sharpe et al. proposed the idea of having an expected utility maximizer choose a probability distribution for future wealth as an input to her investment problem instead of a utility function. They developed a computer program, called The…

Portfolio Management · Quantitative Finance 2013-01-08 Phillip Monin