J. Su J. Su

Zhixiang Lu, Xueyuan Deng, Yiran Liu et al.

Traditional agent-based models (ABMs) of opinion dynamics often fail to capture the psychological heterogeneity driving online polarization due to simplistic homogeneity assumptions. This limitation obscures the critical interplay between individual cognitive biases and information propagation, thereby hindering a mechanistic understanding of how ideological divides are amplified. To address this challenge, we introduce the Personality-Refracted Intelligent Simulation Model (PRISM), a hybrid framework coupling stochastic differential equations (SDE) for continuous emotional evolution with a personality-conditional partially observable Markov decision process (PC-POMDP) for discrete decision-making. In contrast to continuous trait approaches, PRISM assigns distinct Myers-Briggs Type Indicator (MBTI) based cognitive policies to multimodal large language model (MLLM) agents, initialized via data-driven priors from large-scale social media datasets. PRISM achieves superior personality consistency aligned with human ground truth, significantly outperforming standard homogeneous and Big Five benchmarks. This framework effectively replicates emergent phenomena such as rational suppression and affective resonance, offering a robust tool for analyzing complex social media ecosystems.

Xiaotian Ren, Nuerxiati Abudurexiti, Zhengyong Jiang et al.

Portfolio optimization in non-stationary markets is challenging due to regime shifts, dynamic correlations, and the limited interpretability of deep reinforcement learning (DRL) policies. We propose a Segmented Allocation with Momentum-Adjusted Utility for Multi-agent Portfolio Management via Hierarchical Deep Reinforcement Learning (SAMP-HDRL). The framework first applies dynamic asset grouping to partition the market into high-quality and ordinary subsets. An upper-level agent extracts global market signals, while lower-level agents perform intra-group allocation under mask constraints. A utility-based capital allocation mechanism integrates risky and risk-free assets, ensuring coherent coordination between global and local decisions. backtests across three market regimes (2019--2021) demonstrate that SAMP-HDRL consistently outperforms nine traditional baselines and nine DRL benchmarks under volatile and oscillating conditions. Compared with the strongest baseline, our method achieves at least 5\% higher Return, 5\% higher Sharpe ratio, 5\% higher Sortino ratio, and 2\% higher Omega ratio, with substantially larger gains observed in turbulent markets. Ablation studies confirm that upper--lower coordination, dynamic clustering, and capital allocation are indispensable to robustness. SHAP-based interpretability further reveals a complementary ``diversified + concentrated'' mechanism across agents, providing transparent insights into decision-making. Overall, SAMP-HDRL embeds structural market constraints directly into the DRL pipeline, offering improved adaptability, robustness, and interpretability in complex financial environments.