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Inspection and maintenance (I&M) planning involves sequential decision making under uncertainties and incomplete information, and can be modeled as a partially observable Markov decision process (POMDP). While single-agent deep…

Multiagent Systems · Computer Science 2026-03-13 Prateek Bhustali , Pablo G. Morato , Konstantinos G. Papakonstantinou , Charalampos P. Andriotis

Analysing learning in Multi-Agent Reinforcement Learning (MARL) environments is challenging, in particular with respect to \textit{individual} decision-making. Practitioners frequently struggle to compare training runs due to the inherent…

Multiagent Systems · Computer Science 2026-05-29 James Rudd-Jones , María Pérez-Ortiz , Mirco Musolesi

Developing reinforcement learning algorithms that satisfy safety constraints is becoming increasingly important in real-world applications. In multi-agent reinforcement learning (MARL) settings, policy optimisation with safety awareness is…

Artificial Intelligence · Computer Science 2022-02-11 Shangding Gu , Jakub Grudzien Kuba , Munning Wen , Ruiqing Chen , Ziyan Wang , Zheng Tian , Jun Wang , Alois Knoll , Yaodong Yang

This paper proposes a novel multi-agent reinforcement learning (MARL) method to learn multiple coordinated agents under directed acyclic graph (DAG) constraints. Unlike existing MARL approaches, our method explicitly exploits the DAG…

This thesis presents the results of a comprehensive research project focused on applying Reinforcement Learning (RL) to the problem of market making in financial markets. Market makers (MMs) play a fundamental role in providing liquidity,…

Machine Learning · Computer Science 2025-07-28 Óscar Fernández Vicente

We present ABIDES-MARL, a framework that combines a new multi-agent reinforcement learning (MARL) methodology with a new realistic limit-order-book (LOB) simulation system to study equilibrium behavior in complex financial market games. The…

Trading and Market Microstructure · Quantitative Finance 2025-11-05 Patrick Cheridito , Jean-Loup Dupret , Zhexin Wu

In today's forex market traders increasingly turn to algorithmic trading, leveraging computers to seek more profits. Deep learning techniques as cutting-edge advancements in machine learning, capable of identifying patterns in financial…

Computational Engineering, Finance, and Science · Computer Science 2024-08-31 Davoud Sarani , Parviz Rashidi-Khazaee

Diversity plays a crucial role in improving the performance of multi-agent reinforcement learning (MARL). Currently, many diversity-based methods have been developed to overcome the drawbacks of excessive parameter sharing in traditional…

Multiagent Systems · Computer Science 2024-01-30 Tianyi Hu , Zhiqiang Pu , Xiaolin Ai , Tenghai Qiu , Jianqiang Yi

The challenges of the uncertainties in renewable energy generation and the instability of the real-time market limit the effective utilization of clean energy in microgrid communities. Existing peer-to-peer (P2P) and microgrid coordination…

Multiagent Systems · Computer Science 2026-04-06 Junhao Ren , Honglin Gao , Sijie Wang , Lan Zhao , Qiyu Kang , Aniq Ashan , Yajuan Sun , Gaoxi Xiao

Same-Day Delivery services are becoming increasingly popular in recent years. These have been usually modelled by previous studies as a certain class of Dynamic Vehicle Routing Problem (DVRP) where goods must be delivered from a depot to a…

Multiagent Systems · Computer Science 2022-03-23 Elvin Ngu , Leandro Parada , Jose Javier Escribano Macias , Panagiotis Angeloudis

Real economies can be modeled as a sequential imperfect-information game with many heterogeneous agents, such as consumers, firms, and governments. Dynamic general equilibrium (DGE) models are often used for macroeconomic analysis in this…

Computer Science and Game Theory · Computer Science 2022-02-25 Michael Curry , Alexander Trott , Soham Phade , Yu Bai , Stephan Zheng

A Markov Decision Process (MDP) is a popular model for reinforcement learning. However, its commonly used assumption of stationary dynamics and rewards is too stringent and fails to hold in adversarial, nonstationary, or multi-agent…

Machine Learning · Computer Science 2019-08-22 Tiancheng Yu , Suvrit Sra

Recent deep reinforcement learning (DRL) methods in finance show promising outcomes. However, there is limited research examining the behavior of these DRL algorithms. This paper aims to investigate their tendencies towards holding or…

Trading and Market Microstructure · Quantitative Finance 2024-07-16 Alireza Mohammadshafie , Akram Mirzaeinia , Haseebullah Jumakhan , Amir Mirzaeinia

This paper provides a systematic comparison between Fitted Dynamic Programming (DP), where demand is estimated from data, and Reinforcement Learning (RL) methods in finite-horizon dynamic pricing problems. We analyze their performance…

General Economics · Economics 2026-04-16 Lev Razumovskiy , Nikolay Karenin

In a typical e-commerce setting, Content Ranking Optimization (CRO) mechanisms are employed to surface content on the search page to fulfill customers' shopping missions. CRO commonly utilizes models such as contextual deep bandits model to…

Machine Learning · Computer Science 2024-08-09 Zhou Qin , Kai Yuan , Pratik Lahiri , Wenyang Liu

Autonomous Mobility-on-Demand (AMoD) systems promise to revolutionize urban transportation by providing affordable on-demand services to meet growing travel demand. However, realistic AMoD markets will be competitive, with multiple…

Machine Learning · Computer Science 2026-03-06 Emil Kragh Toft , Carolin Schmidt , Daniele Gammelli , Filipe Rodrigues

Multi-agent reinforcement learning has drawn increasing attention in practice, e.g., robotics and automatic driving, as it can explore optimal policies using samples generated by interacting with the environment. However, high reward…

Machine Learning · Computer Science 2022-10-17 Jifeng Hu , Yanchao Sun , Hechang Chen , Sili Huang , haiyin piao , Yi Chang , Lichao Sun

This paper proposes a multi-agent reinforcement learning (MARL) approach to learn dynamic dispatching strategies, which is crucial for optimizing throughput in material handling systems across diverse industries. To benchmark our method, we…

Machine Learning · Computer Science 2024-09-30 Xian Yeow Lee , Haiyan Wang , Daisuke Katsumata , Takaharu Matsui , Chetan Gupta

Recent renewed interest in multi-agent reinforcement learning (MARL) has generated an impressive array of techniques that leverage deep reinforcement learning, primarily actor-critic architectures, and can be applied to a limited range of…

Machine Learning · Computer Science 2021-06-21 Keyang He , Prashant Doshi , Bikramjit Banerjee

We introduce robustness in \textit{restless multi-armed bandits} (RMABs), a popular model for constrained resource allocation among independent stochastic processes (arms). Nearly all RMAB techniques assume stochastic dynamics are precisely…

Machine Learning · Computer Science 2022-06-23 Jackson A. Killian , Lily Xu , Arpita Biswas , Milind Tambe