Goto

Collaborating Authors

 Agents


Modelling Opaque Bilateral Market Dynamics in Financial Trading: Insights from a Multi-Agent Simulation Study

arXiv.org Artificial Intelligence

Exploring complex adaptive financial trading environments through multi-agent based simulation methods presents an innovative approach within the realm of quantitative finance. Despite the dominance of multi-agent reinforcement learning approaches in financial markets with observable data, there exists a set of systematically significant financial markets that pose challenges due to their partial or obscured data availability. We, therefore, devise a multi-agent simulation approach employing small-scale meta-heuristic methods. This approach aims to represent the opaque bilateral market for Australian government bond trading, capturing the bilateral nature of bank-to-bank trading, also referred to as "over-the-counter" (OTC) trading, and commonly occurring between "market makers". The uniqueness of the bilateral market, characterized by negotiated transactions and a limited number of agents, yields valuable insights for agent-based modelling and quantitative finance. The inherent rigidity of this market structure, which is at odds with the global proliferation of multilateral platforms and the decentralization of finance, underscores the unique insights offered by our agent-based model. We explore the implications of market rigidity on market structure and consider the element of stability, in market design. This extends the ongoing discourse on complex financial trading environments, providing an enhanced understanding of their dynamics and implications.


FairMonitor: A Dual-framework for Detecting Stereotypes and Biases in Large Language Models

arXiv.org Artificial Intelligence

Detecting stereotypes and biases in Large Language Models (LLMs) is crucial for enhancing fairness and reducing adverse impacts on individuals or groups when these models are applied. Traditional methods, which rely on embedding spaces or are based on probability metrics, fall short in revealing the nuanced and implicit biases present in various contexts. To address this challenge, we propose the FairMonitor framework and adopt a static-dynamic detection method for a comprehensive evaluation of stereotypes and biases in LLMs. The static component consists of a direct inquiry test, an implicit association test, and an unknown situation test, including 10,262 open-ended questions with 9 sensitive factors and 26 educational scenarios. And it is effective for evaluating both explicit and implicit biases. Moreover, we utilize the multi-agent system to construst the dynamic scenarios for detecting subtle biases in more complex and realistic setting. This component detects the biases based on the interaction behaviors of LLMs across 600 varied educational scenarios. The experimental results show that the cooperation of static and dynamic methods can detect more stereotypes and biased in LLMs.


Sim2Real Transfer for Audio-Visual Navigation with Frequency-Adaptive Acoustic Field Prediction

arXiv.org Artificial Intelligence

Sim2real transfer has received increasing attention lately due to the success of learning robotic tasks in simulation end-to-end. While there has been a lot of progress in transferring vision-based navigation policies, the existing sim2real strategy for audio-visual navigation performs data augmentation empirically without measuring the acoustic gap. The sound differs from light in that it spans across much wider frequencies and thus requires a different solution for sim2real. We propose the first treatment of sim2real for audio-visual navigation by disentangling it into acoustic field prediction (AFP) and waypoint navigation. We first validate our design choice in the SoundSpaces simulator and show improvement on the Continuous AudioGoal navigation benchmark. We then collect real-world data to measure the spectral difference between the simulation and the real world by training AFP models that only take a specific frequency subband as input. We further propose a frequency-adaptive strategy that intelligently selects the best frequency band for prediction based on both the measured spectral difference and the energy distribution of the received audio, which improves the performance on the real data. Lastly, we build a real robot platform and show that the transferred policy can successfully navigate to sounding objects. This work demonstrates the potential of building intelligent agents that can see, hear, and act entirely from simulation, and transferring them to the real world.


A Multi-Agent Rollout Approach for Highway Bottleneck Decongenston in Mixed Autonomy

arXiv.org Artificial Intelligence

The integration of autonomous vehicles (AVs) into the existing transportation infrastructure offers a promising solution to alleviate congestion and enhance mobility. This research explores a novel approach to traffic optimization by employing a multi-agent rollout approach within a mixed autonomy environment. The study concentrates on coordinating the speed of human-driven vehicles by longitudinally controlling AVs, aiming to dynamically optimize traffic flow and alleviate congestion at highway bottlenecks in real-time. We model the problem as a decentralized partially observable Markov decision process (Dec-POMDP) and propose an improved multi-agent rollout algorithm. By employing agent-by-agent policy iterations, our approach implicitly considers cooperation among multiple agents and seamlessly adapts to complex scenarios where the number of agents dynamically varies. Validated in a real-world network with varying AV penetration rates and traffic flow, the simulations demonstrate that the multi-agent rollout algorithm significantly enhances performance, reducing average travel time on bottleneck segments by 9.42% with a 10% AV penetration rate.


Language Evolution for Evading Social Media Regulation via LLM-based Multi-agent Simulation

arXiv.org Artificial Intelligence

Social media platforms such as Twitter, Reddit, and Sina Weibo play a crucial role in global communication but often encounter strict regulations in geopolitically sensitive regions. This situation has prompted users to ingeniously modify their way of communicating, frequently resorting to coded language in these regulated social media environments. This shift in communication is not merely a strategy to counteract regulation, but a vivid manifestation of language evolution, demonstrating how language naturally evolves under societal and technological pressures. Studying the evolution of language in regulated social media contexts is of significant importance for ensuring freedom of speech, optimizing content moderation, and advancing linguistic research. This paper proposes a multi-agent simulation framework using Large Language Models (LLMs) to explore the evolution of user language in regulated social media environments. The framework employs LLM-driven agents: supervisory agent who enforce dialogue supervision and participant agents who evolve their language strategies while engaging in conversation, simulating the evolution of communication styles under strict regulations aimed at evading social media regulation. The study evaluates the framework's effectiveness through a range of scenarios from abstract scenarios to real-world situations. Key findings indicate that LLMs are capable of simulating nuanced language dynamics and interactions in constrained settings, showing improvement in both evading supervision and information accuracy as evolution progresses. Furthermore, it was found that LLM agents adopt different strategies for different scenarios.


When Computing follows Vehicles: Decentralized Mobility-Aware Resource Allocation for Edge-to-Cloud Continuum

arXiv.org Artificial Intelligence

The transformation of smart mobility is unprecedented--Autonomous, shared and electric connected vehicles, along with the urgent need to meet ambitious net-zero targets by shifting to low-carbon transport modalities result in new traffic patterns and requirements for real-time computation at large-scale, for instance, augmented reality applications. The cloud computing paradigm can neither respond to such low-latency requirements nor adapt resource allocation to such dynamic spatio-temporal service requests. This paper addresses this grand challenge by introducing a novel decentralized optimization framework for mobility-aware edge-to-cloud resource allocation, service offloading, provisioning and load-balancing. In contrast to related work, this framework comes with superior efficiency and cost-effectiveness under evaluation in real-world traffic settings and mobility datasets. This breakthrough capability of 'computing follows vehicles' proves able to reduce utilization variance by more than 40 times, while preventing service deadline violations by 14%-34%.


Communication Modalities

arXiv.org Artificial Intelligence

Epistemic analysis of distributed systems is one of the biggest successes among applications of logic in computer science. The reason for that is that agents' actions are necessarily guided by their knowledge. Thus, epistemic modal logic, with its knowledge and belief modalities (and group versions thereof), has played a vital role in establishing both impossibility results and necessary conditions for solvable distributed tasks. In distributed systems, knowledge is largely attained via communication. It has been standard in both distributed systems and dynamic epistemic logic to treat incoming messages as trustworthy, thus, creating difficulties in the epistemic analysis of byzantine distributed systems where faulty agents may lie. In this paper, we argue that handling such communication scenarios calls for additional modalities representing the informational content of messages that should not be taken at face value. We present two such modalities: hope for the case of fully byzantine agents and creed for non-uniform communication protocols in general.


Taming Equilibrium Bias in Risk-Sensitive Multi-Agent Reinforcement Learning

arXiv.org Artificial Intelligence

Recent advancement in reinforcement learning research has witnessed much development on multiagent reinforcement learning (MARL). However, most of the works focus on risk-neutral agents, which may not be suitable for modeling the real world. For example, in investment activities, different investors have different risk preferences depending on their roles in the market. Some act as speculators and are risk-seeking, while others are bound by regulatory constraints and are thus risk-averse. Another example is multi-player online role-playing games, where each of the players can be considered an agent. Whereas some (risk-seeking) players enjoy exploring uncharted regions in the game, others (risk-averse players) prefer to playing in areas that are well explored and come with less uncertainty. It is not hard to see that in the above examples, modeling each agent as uniformly risk-neutral is inappropriate. This naturally calls for a more sophisticated modeling framework that takes into account of heterogeneous risk preferences of agents. In this paper, we study the problem of risk-sensitive MARL under the setting of general-sum Markov games (MGs), a more realistic multi-agent model in which the agents may take different risk preferences.


Bidirectional Human Interactive AI Framework for Social Robot Navigation

arXiv.org Artificial Intelligence

Trustworthiness is a crucial concept in the context of human-robot interaction. Cooperative robots must be transparent regarding their decision-making process, especially when operating in a human-oriented environment. This paper presents a comprehensive end-to-end framework aimed at fostering trustworthy bidirectional human-robot interaction in collaborative environments for the social navigation of mobile robots. In this framework, the robot communicates verbally while the human guides with gestures. Our method enables a mobile robot to predict the trajectory of people and adjust its route in a socially-aware manner. In case of conflict between human and robot decisions, detected through visual examination, the route is dynamically modified based on human preference while verbal communication is maintained. We present our pipeline, framework design, and preliminary experiments that form the foundation of our proposition.


Linear Convergence of Independent Natural Policy Gradient in Games with Entropy Regularization

arXiv.org Artificial Intelligence

This work focuses on the entropy-regularized independent natural policy gradient (NPG) algorithm in multi-agent reinforcement learning. In this work, agents are assumed to have access to an oracle with exact policy evaluation and seek to maximize their respective independent rewards. Each individual's reward is assumed to depend on the actions of all the agents in the multi-agent system, leading to a game between agents. We assume all agents make decisions under a policy with bounded rationality, which is enforced by the introduction of entropy regularization. In practice, a smaller regularization implies the agents are more rational and behave closer to Nash policies. On the other hand, agents with larger regularization acts more randomly, which ensures more exploration. We show that, under sufficient entropy regularization, the dynamics of this system converge at a linear rate to the quantal response equilibrium (QRE). Although regularization assumptions prevent the QRE from approximating a Nash equilibrium, our findings apply to a wide range of games, including cooperative, potential, and two-player matrix games. We also provide extensive empirical results on multiple games (including Markov games) as a verification of our theoretical analysis.