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Strategic Arms with Side Communication Prevail Over Low-Regret MAB Algorithms

arXiv 2408.17101 ↗First posted 30 Aug 2024cs.AIcited by 0

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Abstract (arXiv)

In the strategic multi-armed bandit setting, when arms possess perfect information about the player's behavior, they can establish an equilibrium where: 1. they retain almost all of their value, 2. they leave the player with a substantial (linear) regret. This study illustrates that, even if complete information is not publicly available to all arms but is shared among them, it is possible to achieve a similar equilibrium. The primary challenge lies in designing a communication protocol that incentivizes the arms to communicate truthfully.

Key facts. No citing papers in the map yet (data through 7 Oct 2026). Builds on 257 of its 412 references that are in the map. First posted on arXiv 30 Aug 2024.

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