KR2024Proceedings of the 21st International Conference on Principles of Knowledge Representation and ReasoningProceedings of the 21st International Conference on Principles of Knowledge Representation and Reasoning

Hanoi, Vietnam. November 2-8, 2024.

Edited by

ISSN: 2334-1033
ISBN: 978-1-956792-05-8

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Copyright © 2024 International Joint Conferences on Artificial Intelligence Organization

Incentive Design for Rational Agents

  1. David Hyland(University of Oxford)
  2. Munyque Mittelmann(University of Naples Federico II)
  3. Aniello Murano(University of Naples Federico II)
  4. Giuseppe Perelli(Sapienza University of Rome)
  5. Michael Wooldridge(University of Oxford)

Keywords

  1. Reasoning in multi-agent systems-General
  2. Modeling and reasoning about preferences-General
  3. Reasoning about actions and change, action languages-General

Abstract

We introduce Incentive Design: a new class of problems for equilibrium verification in multi-agent systems. In our model, agents attempt to maximize their utility functions, which are expressed as formulae in LTL[F], a quantitative extension of Linear Temporal Logic with functions computable in polynomial time. We assume agents are rational, in the sense that they adopt strategies consistent with game theoretic solution concepts such as Nash equilibrium. For each solution concept we consider, we analyze the problems of verifying whether an incentive scheme achieves a societal objective and finding one that does so, whether it be social welfare or any other aggregate measure of collective well-being. We study both static and dynamic incentive schemes, showing that the latter are more powerful than the former. Finally, we solve the incentive verification and synthesis problems for all the solution concepts we consider, and analyze their complexity.