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We present our approach to the problem of how an agent, within an economic Multi-Agent System, can determine when it should behave strategically (i.e. learn and use models of other agents), and when it should act as a simple price-taker. We…

Multiagent Systems · Computer Science 2007-05-23 Jose M. Vidal , Edmund H. Durfee

In traditional mechanism design, agents only care about the utility they derive from the outcome of the mechanism. We look at a richer model where agents also assign non-negative dis-utility to the information about their private types…

Computer Science and Game Theory · Computer Science 2015-03-19 Kobbi Nissim , Claudio Orlandi , Rann Smorodinsky

A community of agents is subject to a stream of messages, which are represented as points on a plane of issues. Messages are sent by media and by agents themselves. Messages from media shape the public opinion. They are unbiased, i.e.…

Physics and Society · Physics 2017-11-28 Krzysztof Malarz , Krzysztof Kulakowski

In many situations, communication between agents is a critical component of cooperative multi-agent systems, however, it can be difficult to learn or evolve. In this paper, we investigate a simple way in which the emergence of communication…

Multiagent Systems · Computer Science 2024-05-28 Dylan Cope , Peter McBurney

We analyze boundedly rational updating from aggregate statistics in a model with binary actions and binary states. Agents each take an irreversible action in sequence after observing the unordered set of previous actions. Each agent first…

Machine Learning · Computer Science 2021-01-11 Itai Arieli , Yakov Babichenko , Manuel Mueller-Frank

A network of agents is considered whose decision processes are described by the quantum decision theory previously advanced by the authors. Decision making is done by evaluating the utility of alternatives, their attractiveness, and the…

Physics and Society · Physics 2022-05-04 V. I. Yukalov , E. P. Yukalova , D. Sornette

Humans have come to rely on machines for reducing excessive information to manageable representations. But this reliance can be abused -- strategic machines might craft representations that manipulate their users. How can a user make good…

Machine Learning · Computer Science 2022-06-20 Vineet Nair , Ganesh Ghalme , Inbal Talgam-Cohen , Nir Rosenfeld

The level of autonomy is increasing in systems spanning multiple domains, but these systems still experience failures. One way to mitigate the risk of failures is to integrate human oversight of the autonomous systems and rely on the human…

Artificial Intelligence · Computer Science 2022-09-28 Dylan M. Asmar , Mykel J. Kochenderfer

In this study, I present a theoretical social learning model to investigate how confirmation bias affects opinions when agents exchange information over a social network. Hence, besides exchanging opinions with friends, agents observe a…

Theoretical Economics · Economics 2023-02-27 Marcos R. Fernandes

Information exchange in multi-agent systems improves the cooperation among agents, especially in partially observable settings. In the real world, communication is often carried out over imperfect channels. This requires agents to handle…

Multiagent Systems · Computer Science 2023-11-28 Jannis Weil , Gizem Ekinci , Heinz Koeppl , Tobias Meuser

Modern recommendation systems rely on the wisdom of the crowd to learn the optimal course of action. This induces an inherent mis-alignment of incentives between the system's objective to learn (explore) and the individual users' objective…

Computer Science and Game Theory · Computer Science 2018-07-06 Gal Bahar , Rann Smorodinsky , Moshe Tennenholtz

Deception plays critical roles in economics and technology, especially in emerging interactions in cyberspace. Holistic models of deception are needed in order to analyze interactions and to design mechanisms that improve them. Game theory…

Cryptography and Security · Computer Science 2018-04-19 Jeffrey Pawlick , Edward Colbert , Quanyan Zhu

A multi-level model of opinion formation is presented which takes into account that attitudes on different issues are usually not independent. In the model, agents exchange beliefs regarding a series of facts. A cognitive structure of…

Physics and Society · Physics 2021-10-11 Sven Banisch , Eckehard Olbrich

The DeGroot model of naive social learning assumes that agents only communicate scalar opinions. In practice, agents communicate not only their opinions, but their confidence in such opinions. We propose a model that captures this aspect of…

Social and Information Networks · Computer Science 2020-11-10 Jerry Anunrojwong , Nat Sothanaphan

How does one test empirically the hypothesis that a decision maker (DM) is being influenced by information via Bayesian persuasion? In this paper, I consider a DM whose state-dependent preferences are known to an analyst, who sees the…

Theoretical Economics · Economics 2026-05-13 Jeffrey Mensch

A principal must allocate a set of heterogeneous tasks (or objects) among multiple agents. The principal has preferences over the allocation. Each agent has preferences over which tasks they are assigned, which are their private…

Theoretical Economics · Economics 2026-01-29 Quitzé Valenzuela-Stookey

A social system is considered whose agents choose between several alternatives of possible actions. The system is described by the fractions of agents preferring the corresponding alternatives. The agents interact with each other by…

Physics and Society · Physics 2022-05-27 V. I. Yukalov , E. P. Yukalova

The buying and selling of information is taking place at a scale unprecedented in the history of commerce, thanks to the formation of online marketplaces for user data. Data providing agencies sell user information to advertisers to allow…

Computer Science and Game Theory · Computer Science 2012-04-26 Moshe Babaioff , Robert Kleinberg , Renato Paes Leme

We consider a population of Bayesian agents who share a common prior over some finite state space and each agent is exposed to some information about the state. We ask which distributions over empirical distributions of posteriors beliefs…

Computer Science and Game Theory · Computer Science 2022-02-07 Itai Arieli , Yakov Babichenko

Natural, social, and artificial multi-agent systems usually operate in dynamic environments, where the ability to respond to changing circumstances is a crucial feature. An effective collective response requires suitable information…

Systems and Control · Computer Science 2022-09-29 David Mateo , Nikolaj Horsevad , Vahid Hassani , Mohammadreza Chamanbaz , Roland Bouffanais