HARBOR: Exploring Persona Dynamics in Multi-Agent Competition
On the map: LLM agents and tool use → Financial trading and forecasting agents
Abstract (arXiv)
We investigate factors contributing to LLM agents' success in competitive multi-agent environments, using auctions as a testbed where agents bid to maximize profit. The agents are equipped with bidding domain knowledge, distinct personas that reflect item preferences, and a memory of auction history. Our work extends the classic auction scenario by creating a realistic environment where multiple agents bid on houses, weighing aspects such as size, location, and budget to secure the most desirable homes at the lowest prices. Particularly, we investigate three key questions: (a) How does a persona influence an agent's behavior in a competitive setting? (b) Can an agent effectively profile its competitors' behavior during auctions? (c) How can persona profiling be leveraged to create an advantage using strategies such as theory of mind? Through a series of experiments, we analyze the behaviors of LLM agents and shed light on new findings. Our testbed, called HARBOR, offers a valuable platform for deepening our understanding of multi-agent workflows in competitive environments.
Key facts. Cited by 6 papers in the map (data through 7 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 55 of its 132 references that are in the map. First posted on arXiv 17 Feb 2025.
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Other references · 54
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Citing papers per year: 2025: 4; 2026: 2.
6 papers.
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- 2026AgenticPay: A Multi-Agent LLM Negotiation System for Buyer-Seller Transactions5 Feb 2026
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- 2025Moloch's Bargain: Emergent Misalignment When LLMs Compete for Audiences7 Oct 2025
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