17 papers
The Evolution of Digital Search: From Blue Links to Delegated Decision-Making
David M. Rothschild, Nicole Immorlica, Brendan Lucier +2
Digital search is undergoing a fundamental transformation from a human-driven process of discovery to an agent-mediated system of delegated decision-making. In the traditional mode…
Bandit Social Learning with Exploration Episodes
Kiarash Banihashem, Natalie Collina, Aleksandrs Slivkins
We study a stylized social learning dynamics where self-interested agents collectively follow a simple multi-armed bandit protocol. Each agent controls an ``episode": a short seque…
Should You Use Your Large Language Model to Explore or Exploit?
Keegan Harris, Aleksandrs Slivkins
We evaluate the ability of the current generation of large language models (LLMs) to help a decision-making agent facing an exploration-exploitation tradeoff. While previous work h…
From Augmentation to Reconstruction: Guiding the AI Disruption to the Good Place
David M. Rothschild, Jake M. Hofman, Markus Mobius +5
Artificial intelligence feels omnipresent, yet the disruption many expect has not fully arrived. The main reason is not model capability, nor even the tools built to harness those…
Incentivizing Exploration with Selective Data Disclosure
Nicole Immorlica, Jieming Mao, Aleksandrs Slivkins +1
We propose and design recommendation systems that incentivize efficient exploration. Agents arrive sequentially, choose actions and receive rewards, drawn from fixed but unknown ac…
Agentic Markets: Equilibrium Effects of Improving Consumer Search
Brendan Lucier, Nicole Immorlica, Markus Mobius +5
Motivated by agentic markets -- two-sided markets in which consumers and businesses are assisted by AI tools that facilitate consumers' search -- we study the impact of improved se…