arXiv AI

TradeWar: A Benchmark for Execution-Grounded Trade Negotiation with Adaptive LLM Agents

arXiv Machine Learning
Jul 8

Strategic Bargaining in Multi-Buyer Markets: Reinforcement Learning from Verifiable Rewards for LLM Negotiations

arXiv:2607. 05863v1 Announce Type: new Abstract: Negotiation is a fundamental strategic interaction in management science, characterized by agents attempting to reach agreements while protecting private information, such as reservation costs and hidden valuations.

By Shuze Daniel Liu, Claire Chen, Jiabao Sean Xiao, Xin Chen, David Simchi-Levi
arXiv Computation and Language
2d ago

Can Large Language Models Extend Their Agentic Capabilities to Goal Pursuit in Open-Ended Multi-Turn Interaction?

The paper investigates whether large language models can extend their agentic capabilities to goal pursuit in open-ended multi-turn dialogue. It introduces Tool-Mediated Interaction (TMI), a training-free protocol that frames dialogue actions as tool calls and responses as tool results, preserving a continuous reasoning–action–observation loop. Across social interaction, emotional support, persuasion, and price negotiation tasks, TMI improves goal attainment, preference, donation amounts, and negotiation margins while reducing reasoning tokens and cross-turn phrase reuse.

By Mingyu Chen, Jingkai Lin, Xiaofen Xing, Liankai Huang, Ruiqi Xiong, Xiangmin Xu
arXiv AI
Sep 3

Competitive Market Behavior of LLMs

The study investigates how large language models (LLMs) perform in a double auction market, a common economic mechanism. By replacing human participants with LLM agents, the authors find that markets with LLMs converge more slowly or not at all, leading to less efficient resource allocations. Analysis of trading decisions reveals significant variation across model families and roles, and a lexical study of Chain-of-Thought traces links trade execution to a shift from strategic thinking to urgency.

By Pawel Struski, Jakub Swistak, Inez Okulska, Przemyslaw Biecek
arXiv AI
Oct 26

Knowing Whom to Trust is not Enough: The Trust--Agreement Gap in Repeated Multi-Party LLM Negotiation

The paper examines how large language model (LLM) agents can use trust estimates in repeated multi‑party, multi‑issue negotiations where one participant covertly tries to block agreement. By introducing a framework where agents maintain pairwise trust scores across successive games, the study compares trust‑aware and trust‑agnostic agents. Results show a trust–agreement gap: while trust‑aware agents quickly spot the adversary and trust can raise agreement rates by up to 23 percentage points, this benefit only materializes when agents are explicitly guided to incorporate trust into their decision‑making.

By Amit Sarker, Moumita Choudhury, Saaduddin Mahmud, Shlomo Zilberstein
arXiv AI
Aug 3

MerchantBench: Benchmarking LLM Agents for Long-Term Coherence in E-Commerce Operations

arXiv:2607. 28956v1 Announce Type: new Abstract: Large language model agents are increasingly evaluated as autonomous tool users, yet most benchmarks focus on bounded tasks with immediate success criteria.

By Qiming Shi, Yulong Tao, Linbo Jin, Zhaolu Kang, Yibo Dou, Jiawen Zhu, Tianjun Pan, Shaokang Fu, Chengyu Wang, Siyue Li, Yaping Cheng, Di Weng, Chengfu Huo
arXiv AI
Jun 9

Benchmarking Open-Ended Multi-Agent Coordination in Language Agents

arXiv:2606. 08340v1 Announce Type: new Abstract: As language models are increasingly deployed as autonomous agents, they must coordinate with others over long horizons in open-ended interactive tasks.

By Kale-ab Abebe Tessera, Andras Szecsenyi, Cameron Barker, Alexander Rutherford, Davide Paglieri, Aidan Scannell, Henry Gouk, Elliot J. Crowley, Tim Rockt\"aschel, Amos Storkey