Is Anyone Enforcing the Cartel? What Reinforcement Learning Teaches LLM Agents in Markets
arXiv:2610.28787v1 Announce Type: new Abstract: Evaluations of large language model (LLM) agents report that pricing agents collude at others' expense. Yet collusion is defined by enforcement: a cartel, in which competitors share monopoly profits, holds only if a member who cheats is punished. We i…
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- 2026-10-22 04:00 · arXiv cs.CL
Is Anyone Enforcing the Cartel? What Reinforcement Learning Teaches LLM Agents in Markets