Research Working Papers

Topic

Multi-agent systems

3 papers

WP30

Beyond Text: Cache Compression and Knowledge Transfer in Multi-Agent Systems

A Reproducible Study of Fidelity, Communication Cost, and Repeated Handoffs

Simon-Pierre Boucher · UQO Working Papers · October 2026 · v1.0

Agents built on language models hand information to one another as text, summaries, structured evidence, shared-memory references or, when they share a checkpoint, attention state (the KV cache). This paper asks under which task, model, cache, network and reuse conditions each representation preserves task-relevant…

WP27

The Invisible Hand of Machines: Price Discovery in Markets Populated by LLM Agents

Simon-Pierre Boucher · UQO Working Papers · October 2026 · v1.0

What happens to price discovery when a growing share of the traders in a market are autonomous language-model agents? The paper builds an event-sourced continuous double-auction exchange with exact accounting, a latent dividend process that separates fundamental value from public value and transaction price, seven…

WP26

Can Autonomous AI Agents Discover the Fundamental Value of Real Estate? Evidence from Quebec Transactions and Multi-Agent Deliberation

Simon-Pierre Boucher · UQO Working Papers · October 2026 · v1.0

Committees of role-specialised language-model agents that debate before answering are increasingly proposed as valuation tools. This paper asks whether the debate adds information. In a preregistered experiment on 631,866 arm's-length residential sales registered in Quebec between 2021 and 2026, evaluated under a…