[2604.08606] Extrapolating Volition with Recursive Information Markets

Computer Science > Computer Science and Game Theory arXiv:2604.08606 (cs) [Submitted on 8 Apr 2026] Title:Extrapolating Volition with Recursive Information Markets Authors:Abhimanyu Pallavi Sudhir, Long Tran-Thanh View a PDF of the paper titled Extrapolating Volition with Recursive Information Markets, by Abhimanyu Pallavi Sudhir and Long Tran-Thanh View PDF HTML (experimental) Abstract:One of the impediments to the efficiency of information markets is the inherent information asymmetry present in them, exacerbated by the "buyer's inspection paradox" (the buyer cannot mitigate the asymmetry by "inspecting" the information, because in doing so the buyer obtains the information without paying for it). Previous work has suggested that using Large Language Model (LLM) buyers to inspect and purchase information could overcome this information asymmetry, as an LLM buyer can simply "forget" the information it inspects. In this work, we analyze this mechanism formally through a "value-of-information" paradigm, i.e. whether it incentivizes information to be priced and provided in accordance with its "true value". We focus in particular on our new recursive version of the mechanism, which we believe has a range of applications including in AI alignment research, where it is related to Extrapolated Volition and Scalable Oversight. Comments: Subjects: Computer Science and Game Theory (cs.GT); Artificial Intelligence (cs.AI); Theoretical Economics (econ.TH) Cite as: arXiv:2604.08606 [c...