Rectifying market externalities via AI policymaking

IF 2.4 3区 计算机科学 Q3 AUTOMATION & CONTROL SYSTEMS
Panayiotis Danassis, Aris Filos-Ratsikas, Haipeng Chen, Milind Tambe, Boi Faltings
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引用次数: 0

Abstract

Traditional competitive markets do not account for negative externalities; indirect costs that some participants impose on others, such as the cost of over-appropriating a common-pool resource (which diminishes future stock, and thus harvest, for everyone). Quantifying appropriate interventions to market prices has proven to be quite challenging. We propose a practical approach to computing market prices and allocations via a deep reinforcement learning policymaker agent, operating in an environment of other learning agents. Our policymaker allows us to tune the prices with regard to diverse objectives such as sustainability and resource wastefulness, fairness, buyers’ and sellers’ welfare, etc. As a highlight of our findings, our policymaker is significantly more successful in maintaining resource sustainability, compared to the market equilibrium outcome, in scarce resource environments.

通过人工智能决策纠正市场外部性
传统的竞争市场没有考虑到负外部性;一些参与者强加给其他人的间接成本,例如过度占用公共资源的成本(这会减少未来的存量,从而减少每个人的收获)。量化对市场价格的适当干预已被证明是相当具有挑战性的。我们提出了一种实用的方法,通过在其他学习代理的环境中操作的深度强化学习决策者代理来计算市场价格和分配。我们的政策制定者允许我们根据不同的目标调整价格,比如可持续性和资源浪费、公平、买家和卖家的福利等。作为我们研究结果的一个亮点,与稀缺资源环境下的市场均衡结果相比,我们的政策制定者在维持资源可持续性方面取得了显著的成功。
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来源期刊
Autonomous Agents and Multi-Agent Systems
Autonomous Agents and Multi-Agent Systems 工程技术-计算机:人工智能
CiteScore
6.00
自引率
5.30%
发文量
48
审稿时长
>12 weeks
期刊介绍: This is the official journal of the International Foundation for Autonomous Agents and Multi-Agent Systems. It provides a leading forum for disseminating significant original research results in the foundations, theory, development, analysis, and applications of autonomous agents and multi-agent systems. Coverage in Autonomous Agents and Multi-Agent Systems includes, but is not limited to: Agent decision-making architectures and their evaluation, including: cognitive models; knowledge representation; logics for agency; ontological reasoning; planning (single and multi-agent); reasoning (single and multi-agent) Cooperation and teamwork, including: distributed problem solving; human-robot/agent interaction; multi-user/multi-virtual-agent interaction; coalition formation; coordination Agent communication languages, including: their semantics, pragmatics, and implementation; agent communication protocols and conversations; agent commitments; speech act theory Ontologies for agent systems, agents and the semantic web, agents and semantic web services, Grid-based systems, and service-oriented computing Agent societies and societal issues, including: artificial social systems; environments, organizations and institutions; ethical and legal issues; privacy, safety and security; trust, reliability and reputation Agent-based system development, including: agent development techniques, tools and environments; agent programming languages; agent specification or validation languages Agent-based simulation, including: emergent behavior; participatory simulation; simulation techniques, tools and environments; social simulation Agreement technologies, including: argumentation; collective decision making; judgment aggregation and belief merging; negotiation; norms Economic paradigms, including: auction and mechanism design; bargaining and negotiation; economically-motivated agents; game theory (cooperative and non-cooperative); social choice and voting Learning agents, including: computational architectures for learning agents; evolution, adaptation; multi-agent learning. Robotic agents, including: integrated perception, cognition, and action; cognitive robotics; robot planning (including action and motion planning); multi-robot systems. Virtual agents, including: agents in games and virtual environments; companion and coaching agents; modeling personality, emotions; multimodal interaction; verbal and non-verbal expressiveness Significant, novel applications of agent technology Comprehensive reviews and authoritative tutorials of research and practice in agent systems Comprehensive and authoritative reviews of books dealing with agents and multi-agent systems.
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