Multi-Agent Mechanism Design Without Money

Multi-Agent Mechanism Design Without Money PDF Author: Santiago Balseiro
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We consider a principal repeatedly allocating a single resource in each period to one of multiple agents, whose values are private, without relying on monetary payments over an infinite horizon with discounting. We design a dynamic mechanism without monetary transfers, which induces agents to report their values truthfully in each period via promises/threats of future favorable/unfavorable allocations. We show that our mechanism asymptotically achieves the first-best efficient allocation (the welfare-maximizing allocation as if values are public) as agents become more patient and provide sharp characterizations of convergence rates to first best as a function of the discount factor. In particular, in the case of two agents we prove that the convergence rate of our mechanism is optimal, i.e., no other mechanism can converge faster to first best.

Multi-Agent Mechanism Design Without Money

Multi-Agent Mechanism Design Without Money PDF Author: Santiago Balseiro
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We consider a principal repeatedly allocating a single resource in each period to one of multiple agents, whose values are private, without relying on monetary payments over an infinite horizon with discounting. We design a dynamic mechanism without monetary transfers, which induces agents to report their values truthfully in each period via promises/threats of future favorable/unfavorable allocations. We show that our mechanism asymptotically achieves the first-best efficient allocation (the welfare-maximizing allocation as if values are public) as agents become more patient and provide sharp characterizations of convergence rates to first best as a function of the discount factor. In particular, in the case of two agents we prove that the convergence rate of our mechanism is optimal, i.e., no other mechanism can converge faster to first best.

PRIMA 2017: Principles and Practice of Multi-Agent Systems

PRIMA 2017: Principles and Practice of Multi-Agent Systems PDF Author: Bo An
Publisher: Springer
ISBN: 3319691317
Category : Computers
Languages : en
Pages : 546

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Book Description
This book constitutes the refereed proceedings of the 20th International Conference on Principles and Practice of Multi-Agent Systems, PRIMA 2017, held in Nice, France, in October/November 2017. The 24 revised full papers presented together with one abstract of a keynote talk and 11 short papers were carefully reviewed and selected from 88 submissions. The intention of the papers is to showcase research in several domains, ranging from foundations of agent theory and engineering aspects of agent systems, to emerging interdisciplinary areas of agent-based research.

PRIMA 2022: Principles and Practice of Multi-Agent Systems

PRIMA 2022: Principles and Practice of Multi-Agent Systems PDF Author: Reyhan Aydoğan
Publisher: Springer Nature
ISBN: 3031212037
Category : Computers
Languages : en
Pages : 714

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Book Description
This book constitutes the refereed proceedings of the 23rd International Conference on Principles and Practice of Multi-Agent Systems, PRIMA 2020, held in hybrid mode in Valencia, Spain, in November 2022. The 31 full papers presented together with 15 short papers and 1 demo paper were carefully reviewed and selected from 100 submissions. The conference covers a wide range of ranging from foundations of agent theory and engineering aspects of agent systems, to emerging interdisciplinary areas of agent-based research.

The Future of Economic Design

The Future of Economic Design PDF Author: Jean-François Laslier
Publisher: Springer Nature
ISBN: 3030180506
Category : Business & Economics
Languages : en
Pages : 507

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Book Description
This collection of essays represents responses by over eighty scholars to an unusual request: give your high level assessment of the field of economic design, as broadly construed. Where do we come from? Where do we go from here? The book editors invited short, informal reflections expressing deeply felt but hard to demonstrate opinions, unsupported speculation, and controversial views of a kind one might not normally risk submitting for review. The contributors – both senior researchers who have shaped the field and promising, younger researchers – responded with a diverse collection of provocative pieces, including: retrospective assessments or surveys of the field; opinion papers; reflections on critical points for the development of the discipline; proposals for the immediate future; "science fiction"; and many more. The readers should have fun reading these unusual pieces – as much as the contributors enjoyed writing them.

PRIMA 2019: Principles and Practice of Multi-Agent Systems

PRIMA 2019: Principles and Practice of Multi-Agent Systems PDF Author: Matteo Baldoni
Publisher: Springer Nature
ISBN: 3030337928
Category : Computers
Languages : en
Pages : 646

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Book Description
This book constitutes the refereed proceedings of the 22nd International Conference on Principles and Practice of Multi-Agent Systems, PRIMA 2019, held in Turin, Italy, in October 2019. The 25 full papers presented and 25 short papers were carefully reviewed and selected from 112 submissions. The papers presented at the PRIMA 2019 conference focus on the following topics: Logic and Reasoning, Engineering Multi-Agent Systems, Agent-Based Modeling and Simulation, Collaboration and Coordination, Economic Paradigms, Human-Agent Interaction, Decentralized Paradigms, and Application Domains for Multi-Agent Systems.

ECAI 2020

ECAI 2020 PDF Author: G. De Giacomo
Publisher: IOS Press
ISBN: 164368101X
Category : Computers
Languages : en
Pages : 3122

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Book Description
This book presents the proceedings of the 24th European Conference on Artificial Intelligence (ECAI 2020), held in Santiago de Compostela, Spain, from 29 August to 8 September 2020. The conference was postponed from June, and much of it conducted online due to the COVID-19 restrictions. The conference is one of the principal occasions for researchers and practitioners of AI to meet and discuss the latest trends and challenges in all fields of AI and to demonstrate innovative applications and uses of advanced AI technology. The book also includes the proceedings of the 10th Conference on Prestigious Applications of Artificial Intelligence (PAIS 2020) held at the same time. A record number of more than 1,700 submissions was received for ECAI 2020, of which 1,443 were reviewed. Of these, 361 full-papers and 36 highlight papers were accepted (an acceptance rate of 25% for full-papers and 45% for highlight papers). The book is divided into three sections: ECAI full papers; ECAI highlight papers; and PAIS papers. The topics of these papers cover all aspects of AI, including Agent-based and Multi-agent Systems; Computational Intelligence; Constraints and Satisfiability; Games and Virtual Environments; Heuristic Search; Human Aspects in AI; Information Retrieval and Filtering; Knowledge Representation and Reasoning; Machine Learning; Multidisciplinary Topics and Applications; Natural Language Processing; Planning and Scheduling; Robotics; Safe, Explainable, and Trustworthy AI; Semantic Technologies; Uncertainty in AI; and Vision. The book will be of interest to all those whose work involves the use of AI technology.

Algorithms and Mechanism Design for Multi-agent Systems

Algorithms and Mechanism Design for Multi-agent Systems PDF Author: Chinmay Karande
Publisher:
ISBN:
Category : Matroids
Languages : en
Pages :

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Book Description
A scenario where multiple entities interact with a common environment to achieve individual and common goals either co-operatively or competitively can be classified as a Multi-Agent System. In this thesis, we concentrate on the situations where the agents exhibit selfish, competitive and strategic behaviour, giving rise to interesting game theoretic and optimization problems. From a computational point of view, the presence of multiple agents introduces strategic and temporal issues, apart from enhancing the difficulty of optimization.

Multiagent Systems, second edition

Multiagent Systems, second edition PDF Author: Gerhard Weiss
Publisher: MIT Press
ISBN: 0262533871
Category : Computers
Languages : en
Pages : 917

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Book Description
The new edition of an introduction to multiagent systems that captures the state of the art in both theory and practice, suitable as textbook or reference. Multiagent systems are made up of multiple interacting intelligent agents—computational entities to some degree autonomous and able to cooperate, compete, communicate, act flexibly, and exercise control over their behavior within the frame of their objectives. They are the enabling technology for a wide range of advanced applications relying on distributed and parallel processing of data, information, and knowledge relevant in domains ranging from industrial manufacturing to e-commerce to health care. This book offers a state-of-the-art introduction to multiagent systems, covering the field in both breadth and depth, and treating both theory and practice. It is suitable for classroom use or independent study. This second edition has been completely revised, capturing the tremendous developments in multiagent systems since the first edition appeared in 1999. Sixteen of the book's seventeen chapters were written for this edition; all chapters are by leaders in the field, with each author contributing to the broad base of knowledge and experience on which the book rests. The book covers basic concepts of computational agency from the perspective of both individual agents and agent organizations; communication among agents; coordination among agents; distributed cognition; development and engineering of multiagent systems; and background knowledge in logics and game theory. Each chapter includes references, many illustrations and examples, and exercises of varying degrees of difficulty. The chapters and the overall book are designed to be self-contained and understandable without additional material. Supplemental resources are available on the book's Web site. Contributors Rafael Bordini, Felix Brandt, Amit Chopra, Vincent Conitzer, Virginia Dignum, Jürgen Dix, Ed Durfee, Edith Elkind, Ulle Endriss, Alessandro Farinelli, Shaheen Fatima, Michael Fisher, Nicholas R. Jennings, Kevin Leyton-Brown, Evangelos Markakis, Lin Padgham, Julian Padget, Iyad Rahwan, Talal Rahwan, Alex Rogers, Jordi Sabater-Mir, Yoav Shoham, Munindar P. Singh, Kagan Tumer, Karl Tuyls, Wiebe van der Hoek, Laurent Vercouter, Meritxell Vinyals, Michael Winikoff, Michael Wooldridge, Shlomo Zilberstein

Game Theory And Mechanism Design

Game Theory And Mechanism Design PDF Author: Y Narahari
Publisher: World Scientific
ISBN: 9814525065
Category : Computers
Languages : en
Pages : 533

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Book Description
This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distills the marvelous contributions of these and other celebrated game theorists and presents it in a way that can be easily understood even by senior undergraduate students.A unique feature of the book is its detailed coverage of mechanism design which is the art of designing a game among strategic agents so that a social goal is realized in an equilibrium of the induced game. Another feature is a large number of illustrative examples that are representative of both classical and modern applications of game theory and mechanism design. The book also includes informative biographical sketches of game theory legends, and is specially customized to a general engineering audience.After a thorough reading of this book, readers would be able to apply game theory and mechanism design in a principled and mature way to solve relevant problems in computer science (esp, artificial intelligence/machine learning), computer engineering, operations research, industrial engineering and microeconomics.

Multi-Agent Systems

Multi-Agent Systems PDF Author: Dorothea Baumeister
Publisher: Springer Nature
ISBN: 3031206142
Category : Computers
Languages : en
Pages : 462

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Book Description
This book constitutes thoroughly refereed and revised selected papers from the proceedings of 19th European Conference on Multi-Agent Systems, EUMAS 2022, held in Düsseldorf, Germany, during September 14–16, 2022. The 23 full papers included in this book were carefully reviewed and selected from 36 submissions. The book also contains 6 short summaries of talks from PhD students at the PhD day. The papers deal with current topics in the research and development of multi-agent systems.