Towards Sustainable Investment Policies Informed by Opponent Shaping

Fuente: arXiv
Saved in:
Bibliographic Details
Main Authors: Duque, Juan Agustin, Ciuca, Razvan, Echchahed, Ayoub, Larochelle, Hugo, Courville, Aaron
Format: Preprint
Published: 2026
Subjects:
Online Access:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866917270442213376
author Duque, Juan Agustin
Ciuca, Razvan
Echchahed, Ayoub
Larochelle, Hugo
Courville, Aaron
author_facet Duque, Juan Agustin
Ciuca, Razvan
Echchahed, Ayoub
Larochelle, Hugo
Courville, Aaron
contents Addressing climate change requires global coordination, yet rational economic actors often prioritize immediate gains over collective welfare, resulting in social dilemmas. InvestESG is a recently proposed multi-agent simulation that captures the dynamic interplay between investors and companies under climate risk. We provide a formal characterization of the conditions under which InvestESG exhibits an intertemporal social dilemma, deriving theoretical thresholds at which individual incentives diverge from collective welfare. Building on this, we apply Advantage Alignment, a scalable opponent shaping algorithm shown to be effective in general-sum games, to influence agent learning in InvestESG. We offer theoretical insights into why Advantage Alignment systematically favors socially beneficial equilibria by biasing learning dynamics toward cooperative outcomes. Our results demonstrate that strategically shaping the learning processes of economic agents can result in better outcomes that could inform policy mechanisms to better align market incentives with long-term sustainability goals.
format Preprint
id arxiv_https___arxiv_org_abs_2602_11829
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Towards Sustainable Investment Policies Informed by Opponent Shaping
Duque, Juan Agustin
Ciuca, Razvan
Echchahed, Ayoub
Larochelle, Hugo
Courville, Aaron
Machine Learning
Computer Science and Game Theory
Addressing climate change requires global coordination, yet rational economic actors often prioritize immediate gains over collective welfare, resulting in social dilemmas. InvestESG is a recently proposed multi-agent simulation that captures the dynamic interplay between investors and companies under climate risk. We provide a formal characterization of the conditions under which InvestESG exhibits an intertemporal social dilemma, deriving theoretical thresholds at which individual incentives diverge from collective welfare. Building on this, we apply Advantage Alignment, a scalable opponent shaping algorithm shown to be effective in general-sum games, to influence agent learning in InvestESG. We offer theoretical insights into why Advantage Alignment systematically favors socially beneficial equilibria by biasing learning dynamics toward cooperative outcomes. Our results demonstrate that strategically shaping the learning processes of economic agents can result in better outcomes that could inform policy mechanisms to better align market incentives with long-term sustainability goals.
title Towards Sustainable Investment Policies Informed by Opponent Shaping
topic Machine Learning
Computer Science and Game Theory
url https://arxiv.org/abs/2602.11829