arXiv:2606. 08267v1 Announce Type: cross Abstract: The classical Second Welfare Theorem decentralizes any Pareto efficient allocation through prices and transfers under convexity and regularity.
Summary generated by The Flow from the publisher's feed. The full article lives at arXiv AI.
arXiv:2602. 21255v2 Announce Type: replace-cross Abstract: We establish a general equilibrium theory for systems of large language model (LLM) agents operating under centralized orchestration.
arXiv:2607. 23367v1 Announce Type: cross Abstract: We study whether strictly positive marginal values restore the compatibility of envy-freeness up to one good (EF1) and Pareto optimality (PO) for indivisible goods.
arXiv:2607. 17015v1 Announce Type: cross Abstract: We consider economic theory from the perspective of a total automation economy, one with no human involvement in production either in manufacturing or in management.
arXiv:2507. 09473v2 Announce Type: replace-cross Abstract: We study the dynamic allocation of indivisible resources to strategic agents under long-term constraints, where the planner aims to maximize social welfare, satisfy multiple constraints, and elicit near-truthful reports.
arXiv:2606. 28710v1 Announce Type: new Abstract: We ask under what conditions an agent with a harm-minimizing policy can displace an approval-seeking (RLHF) agent in a competitive market, and when that policy is sufficient to prevent community harm.
arXiv:2606. 00291v1 Announce Type: cross Abstract: In RLHF, each training example contains a prompt $x$ and two candidate responses $y,y'$, and annotators provide pairwise preferences between these responses.