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Participatory budgeting is a method of collectively understanding and addressing spending priorities where citizens vote on how a budget is spent, it is regularly run to improve the fairness of the distribution of public funds.…

多智能体系统 · 计算机科学 2025-07-24 Hugh Adams , Srijoni Majumdar , Evangelos Pournaras

Traditional economic models often rely on fixed assumptions about market dynamics, limiting their ability to capture the complexities and stochastic nature of real-world scenarios. However, reality is more complex and includes noise, making…

Social simulation provides a compelling testbed for studying social intelligence, where agents interact through multi-turn dialogues under evolving contexts and strategically adapting opponents. Such environments are inherently…

人工智能 · 计算机科学 2026-05-20 Xiang Li , Liping Yi , Mingze Kong , Min Zhang , Zhongxiang Dai , QingHua Hu

Market makers play an important role in providing liquidity to markets by continuously quoting prices at which they are willing to buy and sell, and managing inventory risk. In this paper, we build a multi-agent simulation of a dealer…

交易与市场微观结构 · 定量金融 2019-11-15 Sumitra Ganesh , Nelson Vadori , Mengda Xu , Hua Zheng , Prashant Reddy , Manuela Veloso

Online markets are a part of everyday life, and their rules are governed by algorithms. Assuming participants are inherently self-interested, well designed rules can help to increase social welfare. Many algorithms for online markets are…

计算机科学与博弈论 · 计算机科学 2022-02-01 Kanstantsin Pashkovich , Xinyue Xie

With the widespread use of AI systems and applications in our everyday lives, it is important to take fairness issues into consideration while designing and engineering these types of systems. Such systems can be used in many sensitive…

机器学习 · 计算机科学 2022-01-26 Ninareh Mehrabi , Fred Morstatter , Nripsuta Saxena , Kristina Lerman , Aram Galstyan

We study reserve price optimization in multi-phase second price auctions, where the seller's prior actions affect the bidders' later valuations through a Markov Decision Process (MDP). Compared to the bandit setting in existing works, the…

机器学习 · 计算机科学 2026-03-04 Rui Ai , Boxiang Lyu , Zhaoran Wang , Zhuoran Yang , Michael I. Jordan

A decision maker typically (i) incorporates training data to learn about the relative effectiveness of treatments, and (ii) chooses an implementation mechanism that implies an ``optimal'' predicted outcome distribution according to some…

计量经济学 · 经济学 2025-05-29 Anders Bredahl Kock , David Preinerstorfer

The endeavor of artificial intelligence (AI) is to design autonomous agents capable of achieving complex tasks. Namely, reinforcement learning (RL) proposes a theoretical background to learn optimal behaviors. In practice, RL algorithms…

机器学习 · 计算机科学 2022-09-27 Firas Jarboui , Ahmed Akakzia

Taxation and government spending are crucial tools for governments to promote economic growth and maintain social equity. However, the difficulty in accurately predicting the dynamic strategies of diverse self-interested households presents…

计算工程、金融与科学 · 计算机科学 2024-03-15 Qirui Mi , Siyu Xia , Yan Song , Haifeng Zhang , Shenghao Zhu , Jun Wang

Complex statistical machine learning models are increasingly being used or considered for use in high-stakes decision-making pipelines in domains such as financial services, health care, criminal justice and human services. These models are…

应用统计 · 统计学 2017-07-04 Alexandra Chouldechova , Max G'Sell

We propose social welfare optimization as a general paradigm for formalizing fairness in AI systems. We argue that optimization models allow formulation of a wide range of fairness criteria as social welfare functions, while enabling AI to…

人工智能 · 计算机科学 2022-07-21 Violet Xinying Chen , J. N. Hooker

We consider the problem of online allocation subject to a long-term fairness penalty. Contrary to existing works, however, we do not assume that the decision-maker observes the protected attributes -- which is often unrealistic in practice.…

机器学习 · 计算机科学 2023-12-05 Mathieu Molina , Nicolas Gast , Patrick Loiseau , Vianney Perchet

In this paper, we consider the problem of resource congestion control for competing online learning agents. On the basis of non-cooperative game as the model for the interaction between the agents, and the noisy online mirror ascent as the…

机器学习 · 计算机科学 2019-10-22 Ezra Tampubolon , Holger Boche

Many companies rely on advertising platforms such as Google, Facebook, or Instagram to recruit a large and diverse applicant pool for job openings. Prior works have shown that equitable bidding may not result in equitable outcomes due to…

计算机与社会 · 计算机科学 2023-05-24 Inbal Livni Navon , Charlotte Peale , Omer Reingold , Judy Hanwen Shen

Advanced reasoning models with agentic capabilities (AI agents) are deployed to interact with humans and to solve sequential decision-making problems under (approximate) utility functions and internal models. When such problems have…

When tackling complex problems, humans naturally break them down into smaller, manageable subtasks and adjust their initial plans based on observations. For instance, if you want to make coffee at a friend's place, you might initially plan…

人工智能 · 计算机科学 2025-05-20 Zihan Ye , Oleg Arenz , Kristian Kersting

The distribution of health care payments to insurance plans has substantial consequences for social policy. Risk adjustment formulas predict spending in health insurance markets in order to provide fair benefits and health care coverage for…

应用统计 · 统计学 2021-02-25 Anna Zink , Sherri Rose

While much of the rapidly growing literature on fair decision-making focuses on metrics for one-shot decisions, recent work has raised the intriguing possibility of designing sequential decision-making to positively impact long-term social…

机器学习 · 统计学 2024-07-11 Bhagyashree Puranik , Ozgur Guldogan , Upamanyu Madhow , Ramtin Pedarsani

Model fairness is an essential element for Trustworthy AI. While many techniques for model fairness have been proposed, most of them assume that the training and deployment data distributions are identical, which is often not true in…

机器学习 · 计算机科学 2023-02-07 Yuji Roh , Kangwook Lee , Steven Euijong Whang , Changho Suh
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