English
Related papers

Related papers: Optimal Risk-Sharing Rules in Network-based Decent…

200 papers

In this work we study the individual strategies carried out by agents undergoing transactions in wealth exchange models. We analyze the role of risk propensity in the behavior of the agents and find a critical risk, such that agents with…

Physics and Society · Physics 2021-02-03 Julian Neñer , María Fabiana Laguna

We study the multi-agent safe control problem where agents should avoid collisions to static obstacles and collisions with each other while reaching their goals. Our core idea is to learn the multi-agent control policy jointly with learning…

Multiagent Systems · Computer Science 2021-04-20 Zengyi Qin , Kaiqing Zhang , Yuxiao Chen , Jingkai Chen , Chuchu Fan

We study a tandem of agents who make decisions about an underlying binary hypothesis, where the distribution of the agent observations under each hypothesis comes from an uncertainty class. We investigate both decentralized detection rules,…

Information Theory · Computer Science 2015-10-28 Jack Ho , Wee Peng Tay , Tony Q. S. Quek , Edwin K. P. Chong

The paper studies an oligopolistic equilibrium model of financial agents who aim to share their random endowments. The risk-sharing securities and their prices are endogenously determined as the outcome of a strategic game played among all…

General Finance · Quantitative Finance 2016-05-18 Michail Anthropelos

Risk-sharing is one way to pool risks without the need for a third party. To ensure the attractiveness of such a system, the rule should be accepted and understood by all participants. A desirable risk-sharing rule should fulfill actuarial…

Risk Management · Quantitative Finance 2023-07-11 Fallou Niakh

The decentralized optimization paradigm assumes that each term of a finite-sum objective is privately stored by the corresponding agent. Agents are only allowed to communicate with their neighbors in the communication graph. We consider the…

Optimization and Control · Mathematics 2023-09-07 Demyan Yarmoshik , Alexander Rogozin , Alexander Gasnikov

We apply diffusion strategies to develop a fully-distributed cooperative reinforcement learning algorithm in which agents in a network communicate only with their immediate neighbors to improve predictions about their environment. The…

Multiagent Systems · Computer Science 2014-11-06 Sergio Valcarcel Macua , Jianshu Chen , Santiago Zazo , Ali H. Sayed

We model a system of networking agents that seek to optimize their centrality in the network while keeping their cost, the number of connections they are participating in, low. Unlike other game-theory based models for network evolution,…

Populations and Evolution · Quantitative Biology 2007-05-23 Petter Holme , Gourab Ghoshal

Diffusion processes are instrumental to describe the movement of a continuous quantity in a generic network of interacting agents. Here, we present a probabilistic framework for diffusion in networks and propose to classify agent…

Social and Information Networks · Computer Science 2015-08-28 Wai Hong Ronald Chan , Matthias Wildemeersch , Tony Q. S. Quek

This work studies the problem of learning under both large datasets and large-dimensional feature space scenarios. The feature information is assumed to be spread across agents in a network, where each agent observes some of the features.…

Multiagent Systems · Computer Science 2020-05-26 Bicheng Ying , Kun Yuan , Ali H. Sayed

In this paper, we develop a class of decentralized algorithms for solving a convex resource allocation problem in a network of $n$ agents, where the agent objectives are decoupled while the resource constraints are coupled. The agents…

Optimization and Control · Mathematics 2018-12-18 Angelia Nedić , Alex Olshevsky , Wei Shi

Privacy preserving networks can be modelled as decentralized networks (e.g., sensors, connected objects, smartphones), where communication between nodes of the network is not controlled by an all-knowing, central node. For this type of…

Machine Learning · Statistics 2016-10-06 Igor Colin , Christophe Dupuy

In this paper, we study a model reduction technique for leader-follower networked multi-agent systems defined on weighted, undirected graphs with arbitrary linear multivariable agent dynamics. In the network graph of this network, nodes…

Optimization and Control · Mathematics 2016-10-11 Hidde-Jan Jongsma , Petar Mlinarić , Sara Grundel , Peter Benner , Harry L. Trentelman

Parameter sharing, where each agent independently learns a policy with fully shared parameters between all policies, is a popular baseline method for multi-agent deep reinforcement learning. Unfortunately, since all agents share the same…

Machine Learning · Computer Science 2023-11-01 J. K. Terry , Nathaniel Grammel , Sanghyun Son , Benjamin Black , Aakriti Agrawal

Different from most existing distributed localization approaches in static networks where the agents in a network are static, this paper addresses the distributed localization problem in dynamic networks where the positions of the agents…

Systems and Control · Electrical Eng. & Systems 2023-12-19 Xu Fang , Lihua Xie , Xiaolei Li

This paper is concerned with the distributed linear quadratic optimal control problem. In particular, we consider a suboptimal version of the distributed optimal control problem for undirected multi-agent networks. Given a multi-agent…

Optimization and Control · Mathematics 2018-03-08 Junjie Jiao , Harry L. Trentelman , M. Kanat Camlibel

Defining an optimal protection strategy against viruses, spam propagation or any other kind of contamination process is an important feature for designing new networks and architectures. In this work, we consider decentralized optimal…

Systems and Control · Computer Science 2017-10-03 Stojan Trajanovski , Yezekael Hayel , Eitan Altman , Huijuan Wang , Piet Van Mieghem

In this paper, we propose a fully decentralized and smart contract-based insurance protocol. We identify various issues in the Decentralized Finance (DeFi) insurance context and propose a solution to overcome these shortcomings. We…

General Finance · Quantitative Finance 2022-12-21 Matthias Nadler , Felix Bekemeier , Fabian Schär

For a multi-agent system state estimation resting upon noisy measurements constitutes a problem related to several application scenarios. Adopting the standard least-squares approach, in this work we derive both the (centralized) analytic…

Systems and Control · Electrical Eng. & Systems 2022-02-22 Marco Fabris , Giulia Michieletto , Angelo Cenedese

Mathematical network models are extremely useful to capture complex propagation processes between different regions (nodes), for example the spread of an infectious agent between different countries, or the transport and replication of…

Biological Physics · Physics 2026-04-10 Hadrien Oliveri , Emilia Cozzolino , Alain Goriely