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In classical contract theory, we usually impose two assumptions: delegated contracts and perfect commitment. While the second assumption is demanding, the first one suffers no loss of generality. Following this tradition, current…

理论经济学 · 经济学 2023-09-22 Seungjin Han , Siyang Xiong

An approach to the formal description of service contracts is presented in terms of automata. We focus on the basic property of guaranteeing that in the multi-party composition of principals each of them gets his requests satisfied, so that…

计算机科学中的逻辑 · 计算机科学 2023-06-22 Davide Basile , Pierpaolo Degano , Gian-Luigi Ferrari

We study the optimal contract problem in the \emph{combinatorial actions} framework of D\"utting et al.~[FOCS'21], where a principal delegates a project to an agent who chooses a subset of hidden, costly actions, and the resulting reward is…

计算机科学与博弈论 · 计算机科学 2026-03-17 Michal Feldman , Liat Yashin

Despite recent advancements in machine learning, in practice, relevant datasets are often distributed among market competitors who are reluctant to share. To incentivize data sharing, recent works propose analytics markets, where multiple…

综合经济学 · 经济学 2025-08-05 Thomas Falconer , Jalal Kazempour , Pierre Pinson

AI-assisted task delegation is increasingly common, yet human effort in such systems is costly and typically unobserved. Recent work by Bastani and Cachon (2025); Sambasivan et al. (2021) shows that accuracy-based payment schemes suffer…

机器学习 · 统计学 2026-03-31 Qichuan Yin , Ziwei Su , Shuangning Li

In this paper we consider multi-agent coalitional games with uncertain value functions for which we establish distribution-free guarantees on the probability of allocation stability, i.e., agents do not have incentives to defect from the…

最优化与控制 · 数学 2022-06-24 George Pantazis , Filippo Fabiani , Filiberto Fele , Kostas Margellos

We prove the sharp bound for the probability that two experts who have access to different information, represented by different $\sigma$-fields, will give radically different estimates of the probability of an event. This is relevant when…

概率论 · 数学 2019-12-03 Krzysztof Burdzy , Soumik Pal

Traditional approaches to ensure group fairness in algorithmic decision making aim to equalize ``total'' error rates for different subgroups in the population. In contrast, we argue that the fairness approaches should instead focus only on…

机器学习 · 计算机科学 2021-05-11 Junaid Ali , Preethi Lahoti , Krishna P. Gummadi

We consider a committee voting on whether to adopt a reform under a quota rule, where members differ in how much they value the reform some supporting it, others opposing it. We examine how members can influence each other's votes through…

综合经济学 · 经济学 2025-05-19 Ali Lazrak , Jianfeng Zhang

Fair predictive algorithms hinge on both equality and trust, yet inherent uncertainty in real-world data challenges our ability to make consistent, fair, and calibrated decisions. While fairly managing predictive error has been extensively…

机器学习 · 计算机科学 2024-10-04 Lucas Rosenblatt , R. Teal Witter

Humans judge each other's actions, which at least partly functions to detect and deter cheating and to enable helpfulness in an indirect reciprocity fashion. However, most forms of judging do not only concern the action itself, but also the…

物理与社会 · 物理学 2026-04-21 Marcus Krellner , The Anh Han

We characterize absence of arbitrage with simple trading strategies in a discounted market with a constant bond and several risky assets. We show that if there is a simple arbitrage, then there is a 0-admissible one or an obvious one, that…

证券定价 · 定量金融 2012-10-22 Christian Bender

Contract theory typically assumes full commitment by the principal, but many contracts fix some payoff-relevant decisions while leaving others discretionary. We ask when imperfect commitment is equivalent to full commitment. For contracts…

理论经济学 · 经济学 2026-05-27 Seungjin Han , Siyang Xiong

We consider the mechanism design problem of a principal allocating a single good to one of several agents without monetary transfers. Each agent desires the good and uses it to create value for the principal. We designate this value as the…

理论经济学 · 经济学 2024-06-26 Halil İbrahim Bayrak , Çağıl Koçyiğit , Daniel Kuhn , Mustafa Çelebi Pınar

We study a problem where a group of agents has to decide how a joint reward should be shared among them. We focus on settings where the share that each agent receives depends on the subjective opinions of its peers concerning that agent's…

计算机科学与博弈论 · 计算机科学 2013-05-23 Arthur Carvalho , Kate Larson

The standard way to evaluate language models on subjective tasks is through pairwise comparisons: an annotator chooses the "better" of two responses to a prompt. Leaderboards aggregate these comparisons into a single Bradley-Terry (BT)…

机器学习 · 计算机科学 2026-02-26 Hadi Khalaf , Serena L. Wang , Daniel Halpern , Itai Shapira , Flavio du Pin Calmon , Ariel D. Procaccia

We study the problem of selecting a member of a set of agents based on impartial nominations by agents from that set. The problem was studied previously by Alon et al. and Holzman and Moulin and has important applications in situations…

计算机科学与博弈论 · 计算机科学 2013-11-01 Felix Fischer , Max Klimm

What does it mean to say that, for example, the probability for rain tomorrow is between 20% and 30%? The theory for the evaluation of precise probabilistic forecasts is well-developed and is grounded in the key concepts of proper scoring…

机器学习 · 计算机科学 2024-10-31 Christian Fröhlich , Robert C. Williamson

Many-to-many matching with contracts is studied in the framework of revealed preferences. All preferences are described by choice functions that satisfy natural conditions. Under a no-externality assumption individual preferences can be…

计算机科学与博弈论 · 计算机科学 2020-03-05 Daniel Lehmann

Existing techniques of Design by Contract do not allow software developers to specify complete contracts in many cases. Incomplete contracts leave room for malicious implementations. This article complements Design by Contract with a simple…

软件工程 · 计算机科学 2016-02-15 Alexandr Naumchev , Bertrand Meyer
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