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This paper investigates how similarity in the informational representation of market states among Artificial Intelligence (AI) trading agents can generate systemic instability in financial markets. We construct a structural multi-agent…

Trading and Market Microstructure · Quantitative Finance 2026-04-28 Yimeng Qiu , Qiwei Han

The ever-increasing amount, variety as well as generation and processing speed of today's data pose a variety of new challenges for developing Data-Intensive Software Systems (DISS). As with developing other kinds of software systems,…

Software Engineering · Computer Science 2019-06-03 Harald Foidl , Michael Felderer , Stefan Biffl

Agent-based computational economics (ACE) - while adopted comparably widely in other domains of managerial science - is a rather novel paradigm for management accounting research (MAR). This paper provides an overview of opportunities and…

General Economics · Economics 2020-11-09 Friederike Wall , Stephan Leitner

We are looking for the agent-based treatment of the financial markets considering necessity to build bridges between microscopic, agent based, and macroscopic, phenomenological modeling. The acknowledgment that agent-based modeling…

Statistical Finance · Quantitative Finance 2019-01-01 V. Gontis , A. Kononovicius

Financial structures such as securitisations, insurance contracts, and other hierarchical claims systems can be interpreted as deterministic allocation mechanisms acting on stochastic inflow processes. This paper develops a general…

Computational Finance · Quantitative Finance 2026-02-17 Antonio Scala

Data science plays a critical role in transforming complex data into actionable insights across numerous domains. Recent developments in large language models (LLMs) have significantly automated data science workflows, but a fundamental…

This review critically distinguishes between AI Agents and Agentic AI, offering a structured, conceptual taxonomy, application mapping, and analysis of opportunities and challenges to clarify their divergent design philosophies and…

Artificial Intelligence · Computer Science 2025-10-01 Ranjan Sapkota , Konstantinos I. Roumeliotis , Manoj Karkee

We propose a novel approach to the statistical analysis of stochastic simulation models and, especially, agent-based models (ABMs). Our main goal is to provide fully automated, model-independent and tool-supported techniques and algorithms…

General Economics · Economics 2023-11-09 Andrea Vandin , Daniele Giachini , Francesco Lamperti , Francesca Chiaromonte

The adoption of Machine and Deep Learning (ML/DL) technologies introduces maintenance challenges, leading to Technical Debt (TD). Algorithm Debt (AD) is a TD type that impacts the performance and scalability of ML/DL systems. A review of 42…

Software Engineering · Computer Science 2026-04-09 Emmanuel Iko-Ojo Simon , Chirath Hettiarachchi , Fatemeh Fard , Alex Potanin , Hanna Suominen

Deploying agentic AI in regulated contexts requires principled reasoning about two design dimensions: agency (what the system can do) and autonomy (how much it acts without human involvement). Though often treated independently, they are…

Artificial Intelligence · Computer Science 2026-05-13 Damir Safin , Dian Balta

The rapid deployment of large language model (LLM)-based agents introduces a new class of risks, driven by their capacity for autonomous planning, multi-step tool integration, and emergent interactions. It raises some risk factors for…

Multiagent Systems · Computer Science 2025-12-04 Rafflesia Khan , Declan Joyce , Mansura Habiba

This paper presents an analysis of technical debt management through resources allocation policies in software maintenance process during its operation to demonstrate how different strategies leads to the emergence of different behaviors…

Software Engineering · Computer Science 2016-09-23 Eduardo Ferreira Franco , Joaquim Rocha , Hamilton Carvalho , Martins Marcelo , Kechi Hirama

In Agentic AI, Large Language Models (LLMs) are increasingly used in the orchestration layer to coordinate multiple agents and to interact with external services, retrieval components, and shared memory. In this setting, failures are not…

Multiagent Systems · Computer Science 2026-03-20 Ciprian Paduraru , Petru-Liviu Bouruc , Alin Stefanescu

Agentic AI systems present both significant opportunities and novel risks due to their capacity for autonomous action, encompassing tasks such as code execution, internet interaction, and file modification. This poses considerable…

Artificial Intelligence · Computer Science 2025-12-30 Shaun Khoo , Jessica Foo , Roy Ka-Wei Lee

Technical Debt is a term begat by Ward Cunningham to signify the measure of adjust required to put a software into that state which it ought to have had from the earliest starting point. Often organizations need to support continuous and…

Software Engineering · Computer Science 2019-10-29 Nikhil Oswal

Traditional models of market efficiency assume that equity prices incorporate information based on content alone, often neglecting the structural influence of reporting timing and cadence. This study introduces the Autonomous Disclosure…

Computational Finance · Quantitative Finance 2026-02-23 Krishna Neupane

This paper describes a general approach for stochastic modeling of assets returns and liability cash-flows of a typical pensions insurer. On the asset side, we model the investment returns on equities and various classes of fixed-income…

Risk Management · Quantitative Finance 2020-05-27 Sergio Alvares Maffra , John Armstrong , Teemu Pennanen

Agentic AI systems plan, use tools, maintain state, and produce multi-step trajectories with external effects. Those properties create a governance problem that differs materially from single-turn generative AI: important risks emerge dur-…

Artificial Intelligence · Computer Science 2026-04-08 Christopher Koch

The rapidly growing field of network analytics requires data sets for use in evaluation. Real world data often lack truth and simulated data lack narrative fidelity or statistical generality. This paper presents a novel, mixed-membership,…

Social and Information Networks · Computer Science 2013-09-09 Garrett Bernstein , Kyle O'Brien

This position paper argues that agentic AI systems should be designed and evaluated as \emph{marginal token allocation economies} rather than as text generators priced by the unit. We follow a single request -- a developer asking a coding…

Artificial Intelligence · Computer Science 2026-05-05 Siqi Zhu