Adam Eck

Rediet Abebe, Adam Eck, Christian Ikeokwu et al. · berkeley

Rotating savings and credit associations (roscas) are informal financial organizations common in settings where communities have reduced access to formal financial institutions. In a rosca, a fixed group of participants regularly contribute sums of money to a pot. This pot is then allocated periodically using lottery, aftermarket, or auction mechanisms. Roscas are empirically well-studied in economics. They are, however, challenging to study theoretically due to their dynamic nature. Typical economic analyses of roscas stop at coarse ordinal welfare comparisons to other credit allocation mechanisms, leaving much of roscas' ubiquity unexplained. In this work, we take an algorithmic perspective on the study of roscas. Building on techniques from the price of anarchy literature, we present worst-case welfare approximation guarantees. We further experimentally compare the welfare of outcomes as key features of the environment vary. These cardinal welfare analyses further rationalize the prevalence of roscas. We conclude by discussing several other promising avenues.

Ceferino Patino, Tyler J. Billings, Alireza Saleh Abadi et al.

We present the Methods for Open Agent Systems Evaluation Initiative (MOASEI) Competition, a multi-agent AI benchmarking event designed to evaluate decision-making under open-world conditions. Built on the free-range-zoo environment suite, MOASEI introduced dynamic, partially observable domains with agent and task openness--settings where entities may appear, disappear, or change behavior over time. The 2025 competition featured three tracks--Wildfire, Rideshare, and Cybersecurity--each highlighting distinct dimensions of openness and coordination complexity. Eleven teams from international institutions participated, with four of those teams submitting diverse solutions including graph neural networks, convolutional architectures, predictive modeling, and large language model--driven meta--optimization. Evaluation metrics centered on expected utility, robustness to perturbations, and responsiveness to environmental change. The results reveal promising strategies for generalization and adaptation in open environments, offering both empirical insight and infrastructure for future research. This report details the competition's design, findings, and contributions to the open-agent systems research community.