Regret Minimization for Piecewise Linear Rewards: Contracts, Auctions, and Beyond
arXiv:2503. 01701v2 Announce Type: replace-cross Abstract: Most microeconomic models of interest involve optimizing a piecewise linear function.
arXiv:2606. 29457v1 Announce Type: new Abstract: When two companies bid to buy the same target, no one knows exactly what the target is worth.
arXiv:2503. 01701v2 Announce Type: replace-cross Abstract: Most microeconomic models of interest involve optimizing a piecewise linear function.
arXiv:2608. 08407v1 Announce Type: cross Abstract: A bidder can quietly buy a stake in a company before making an offer for it.
arXiv:2608. 09389v1 Announce Type: cross Abstract: This note aims to serve as an entry point to the literature on learning in games, a topic with significant theoretical appeal and a wide range of applications -- from machine learning and data science to economics and beyond.
Organizations often pool dispersed information into one ranking and then allow many agents to act on that shared view. In a discovery problem, this can improve beliefs while reducing coverage.
arXiv:2606. 05363v1 Announce Type: cross Abstract: On a platform with many sellers, should a pricing algorithm explicitly model competitors' prices when learning demand?
arXiv:2607. 18045v1 Announce Type: new Abstract: Organizations often pool dispersed information into one ranking and then allow many agents to act on that shared view.
arXiv:2607. 06854v1 Announce Type: cross Abstract: Reinforcement learning agents for imperfect-information card games are only as strong as the opponents they train against, and they are hard to grade, since they beat a random opponent over 99 percent of the time and only tie copies of themselves.
arXiv:2606. 29252v1 Announce Type: new Abstract: We study repeated bidding in multi-unit discriminatory (pay-as-bid) auctions for a single bidder with per-round utility equal to value minus $\alpha$ times payment, where $\alpha\in[0,1]$ is a cost-of-capital parameter.
arXiv:2607. 24063v1 Announce Type: new Abstract: On standard factuality tasks, frontier models now cluster near the top of the scale.
arXiv:2512. 04988v2 Announce Type: replace-cross Abstract: Emerging agentic marketplaces provide the economic infrastructure for matching and coordinating the large amounts of AI agents used in agentic swarms.
arXiv:2502. 04678v2 Announce Type: replace Abstract: Repeated first-price auctions are contextual decision problems with censored but reusable feedback: after submitting a bid, a learner can infer the outcomes of related bids and evaluate them under different private values.
arXiv:2608. 07538v1 Announce Type: new Abstract: As LLM agents move from decision support to autonomous procurement, firms need to know whether delegated negotiators create value, divide it predictably, and avoid money-losing contracts.