mlsanityData to 14 Oct 2026

Foundations of a Time-Consistent Counterfactual Actuarial Runtime for Autonomous AI Agents

arXiv 2605.26508 ↗First posted 26 May 2026q-fin.RM cs.AIcited by 3

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Abstract (arXiv)

We propose a foundational runtime actuarial layer for autonomous AI agents in which every side-effect-bearing action carries a time-consistent, counterfactual risk toll computed against a contractually fixed safe default, inside an explicit underwriting boundary. The framework treats per-action insurance as the primary unit of analysis and replaces post-hoc annual liability cover with a pre-action transaction layer. The paper establishes four structural results: (i) a well-defined counterfactual toll under a chosen safe-default mapping and continuation policy, with explicit non-uniqueness; (ii) a no-splitting property within an underwriting boundary that telescopes path-decomposed actions into a boundary potential, with a corollary tying gaming-resistance to boundary design; (iii) an irreversible-authority premium, split into a strictly positive action-level component and an if-and-only-if characterisation of the set-level robust capital increase; and (iv) a conservative runtime gating theorem that translates high-probability toll envelopes into an executed-action budget guarantee. The result is the mathematical base layer for a broader program: an empirical companion instantiates the runtime through an Actuarial Action Interface and authority-frontier experiments; a mechanism-design companion studies strategic operator incentives and cross-boundary aggregation; and a dynamic-underwriting companion studies experience rating and audit-replay calibration. The present paper states the primitive contract, the toll identity, the within-boundary no-arbitrage result, and the budget guarantee on which those later layers depend.

Key facts. Cited by 3 papers in the map (data through 14 Oct 2026). Builds on 8 of its 27 references that are in the map. First posted on arXiv 26 May 2026.

Builds on

8 of 27 references.

References · 8

  1. 2021A Gentle Introduction to Conformal Prediction and Distribution-Free Uncertainty Quantificationcited by 792
  2. 2021Adaptive Conformal Inference Under Distribution Shiftcited by 375
  3. 2014Optimizing the CVaR via Samplingcited by 99
  4. 2014Algorithms for CVaR Optimization in MDPscited by 99
  5. 2026Quantifying Trust: Financial Risk Management for Trustworthy AI Agentscited by 8
  6. 2021Algorithmic Insurancecited by 5
  7. 2026Insuring Every Action: An Authority Frontier Framework for Runtime Actuarial Control of Autonomous AI Agentscited by 4
  8. 2024Catastrophe Insurance: An Adaptive Robust Optimization Approachcited by 3

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Cited by year (2026 to 14 Oct)

Citing papers per year: 2026: 3.

3 papers.