arXiv subjects

Xisen Wang

Publications and source records attributed to Xisen Wang.

3 recordsLinked to original sources

arXiv2026

Distributed Legal Infrastructure for a Trustworthy Agentic Web

The agentic web marks a structural transition from a human-centered information network to a digital environment populated by artificial intelligence (AI) agents that perceive, decide, and act autonomously. As delegated action unfolds at machine speed, exceeds discrete moments of human judgment, and distributes decision-making across non-human actors, existing legal frameworks face growing strain, creating an urgent need for new mechanisms capable of sustaining legality in this emerging order. A trustworthy agentic web therefore depends on the infrastructuring of legality through interoperable protocols that organize identity, delegation, and accountability across systems, enabling coherent governance beyond isolated platforms. Towards this end, this article advances a distributed legal infrastructure (DLI), a governance paradigm composed of five interlocking layers: (1) self-sovereign, soulbound agent identities; (2) cognitive AI logic and constraint systems; (3) decentralized adjudication mechanisms for dispute resolution; (4) bottom-up agentic market regulation to mitigate information asymmetries and network effects, including insurance-based models; and (5) portable institutional frameworks that enable legal interoperability while preserving plural sources of authority. This reference framework contributes to emerging research on embedding legality within agentic web infrastructure, aligning distributed technical systems with accountability, contestability, and rule-of-law principles.

cs.AI↗

arXiv2025

R&D-Agent-Quant: A Multi-Agent Framework for Data-Centric Factors and Model Joint Optimization

Financial markets pose fundamental challenges for asset return prediction due to their high dimensionality, non-stationarity, and persistent volatility. Despite advances in large language models and multi-agent systems, current quantitative research pipelines suffer from limited automation, weak interpretability, and fragmented coordination across key components such as factor mining and model innovation. In this paper, we propose R&D-Agent for Quantitative Finance, in short RD-Agent(Q), the first data-centric multi-agent framework designed to automate the full-stack research and development of quantitative strategies via coordinated factor-model co-optimization. RD-Agent(Q) decomposes the quant process into two iterative stages: a Research stage that dynamically sets goal-aligned prompts, formulates hypotheses based on domain priors, and maps them to concrete tasks, and a Development stage that employs a code-generation agent, Co-STEER, to implement task-specific code, which is then executed in real-market backtests. The two stages are connected through a feedback stage that thoroughly evaluates experimental outcomes and informs subsequent iterations, with a multi-armed bandit scheduler for adaptive direction selection. Empirically, RD-Agent(Q) achieves up to 2X higher annualized returns than classical factor libraries using 70% fewer factors, and outperforms state-of-the-art deep time-series models on real markets. Its joint factor-model optimization delivers a strong balance between predictive accuracy and strategy robustness. Our code is available at: https://github.com/microsoft/RD-Agent.

q-fin.CP↗

arXiv2025

SSFF: Investigating LLM Predictive Capabilities for Startup Success through a Multi-Agent Framework with Enhanced Explainability and Performance

LLM based agents have recently demonstrated strong potential in automating complex tasks, yet accurately predicting startup success remains an open challenge with few benchmarks and tailored frameworks. To address these limitations, we propose the Startup Success Forecasting Framework, an autonomous system that emulates the reasoning of venture capital analysts through a multi agent collaboration model. Our framework integrates traditional machine learning methods such as random forests and neural networks within a retrieval augmented generation framework composed of three interconnected modules: a prediction block, an analysis block, and an external knowledge block. We evaluate our framework and identify three main findings. First, by leveraging founder segmentation, startups led by L5 founders are 3.79 times more likely to succeed than those led by L1 founders. Second, baseline large language models consistently overpredict startup success and struggle under realistic class imbalances largely due to overreliance on founder claims. Third, our framework significantly enhances prediction accuracy, yielding a 108.3 percent relative improvement over GPT 4o mini and a 30.8 percent relative improvement over GPT 4o. These results demonstrate the value of a multi agent approach combined with discriminative machine learning in mitigating the limitations of standard large language model based prediction methods.

cs.AI↗