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Large Language Models (LLMs) are increasingly applied to domains that require reasoning about other agents' behavior, such as negotiation, policy design, and market simulation, yet existing research has mostly evaluated their adherence to…

Artificial Intelligence · Computer Science 2025-10-14 Enric Junque de Fortuny , Veronica Roberta Cappelli

When humans are subject to an algorithmic decision system, they can strategically adjust their behavior accordingly (``game'' the system). While a growing line of literature on strategic classification has used game-theoretic modeling to…

Machine Learning · Computer Science 2024-10-28 Raman Ebrahimi , Kristen Vaccaro , Parinaz Naghizadeh

Recent breakthroughs in artificial intelligence (AI) have brought about increasingly capable systems that demonstrate remarkable abilities in reasoning, language understanding, and problem-solving. These advancements have prompted a renewed…

Artificial Intelligence · Computer Science 2025-07-01 Xiaojian Li , Haoyuan Shi , Rongwu Xu , Wei Xu

After several winters, AI is center-stage once again, with current advances enabling a vast array of AI applications. This renewed wave of AI has brought back to the fore several questions from the past, about philosophical foundations of…

Artificial Intelligence · Computer Science 2022-01-17 Srinath Srinivasa , Jayati Deshmukh

This paper proposes a research direction to advance AI which draws inspiration from cognitive theories of human decision making. The premise is that if we gain insights about the causes of some human capabilities that are still lacking in…

We develop a novel framework of bounded rationality under cognitive frictions that studies learning over optimal behavior through both deliberative reasoning and accumulated experiences. Using both types of information, agents engage in…

Theoretical Economics · Economics 2024-03-28 Cosmin Ilut , Rosen Valchev

Finding claims that researchers have made considerable progress in artificial intelligence over the last several decades is easy. However, our everyday interactions with cognitive systems (e.g., Siri, Alexa, DALL-E) quickly move from…

Artificial Intelligence · Computer Science 2022-11-09 Will Bridewell

Algorithmic fairness for artificial intelligence has become increasingly relevant as these systems become more pervasive in society. One realm of AI, recommender systems, presents unique challenges for fairness due to trade offs between…

Information Retrieval · Computer Science 2020-04-21 Jessie Smith , Nasim Sonboli , Casey Fiesler , Robin Burke

AI practitioners typically strive to develop the most accurate systems, making an implicit assumption that the AI system will function autonomously. However, in practice, AI systems often are used to provide advice to people in domains…

Artificial Intelligence · Computer Science 2021-02-23 Gagan Bansal , Besmira Nushi , Ece Kamar , Eric Horvitz , Daniel S. Weld

Automated planning traditionally assumes that all aspects of a planning task (initial state, goals, and available actions) are fully specified in advance, an approach well-suited to domains with fixed rules and deterministic execution.…

Artificial Intelligence · Computer Science 2026-05-05 Alberto Pozanco , Daniel Borrajo , Manuela Veloso

Large language models (LLMs) are increasingly being deployed as autonomous agents on behalf of institutions and individuals in economic, political, and social settings that involve negotiation. Yet this trend carries significant risks if…

Computer Science and Game Theory · Computer Science 2025-12-19 Manuel S. Ríos , Ruben F. Manrique , Nicanor Quijano , Luis F. Giraldo

Iterated admissibility (IA) can be seen as exhibiting a minimal criterion of rationality in games. In order to make this intuition more precise, the epistemic characterization of this game-theoretic solution has been actively investigated…

Logic · Mathematics 2013-04-19 Fernando Tohmè , Gianluca Caterina , Rocco Gangle

AI agents -- systems that combine foundation models with reasoning, planning, memory, and tool use -- are rapidly becoming a practical interface between natural-language intent and real-world computation. This survey synthesizes the…

Artificial Intelligence · Computer Science 2026-01-06 Bin Xu

Current labor markets are strongly affected by the economic forces of adverse selection, moral hazard, and reputation, each of which arises due to $\textit{incomplete information}$. These economic forces will still be influential after AI…

Artificial Intelligence · Computer Science 2025-05-27 Simpson Zhang , Tennison Liu , Mihaela van der Schaar

Various forms of implications of artificial intelligence that either exacerbate or decrease racial systemic injustice have been explored in this applied research endeavor. Taking each thematic area of identifying, analyzing, and debating an…

Computers and Society · Computer Science 2022-01-05 Alia Abbas

The quality of rationales is essential in the reasoning capabilities of language models. Rationales not only enhance reasoning performance in complex natural language tasks but also justify model decisions. However, obtaining impeccable…

Computation and Language · Computer Science 2025-03-05 Hazel H. Kim

Reasoning is a fundamental cognitive process underlying inference, problem-solving, and decision-making. While large language models (LLMs) demonstrate strong reasoning capabilities in closed-world settings, they struggle in open-ended and…

As large language models (LLMs) like GPT become increasingly prevalent, it is essential that we assess their capabilities beyond language processing. This paper examines the economic rationality of GPT by instructing it to make budgetary…

General Economics · Economics 2023-11-07 Yiting Chen , Tracy Xiao Liu , You Shan , Songfa Zhong

What makes a society possible at all? How is coordination and cooperation in social activity possible? What is the minimal mental architecture of a social agent? How is the information about the state of the world related to the agents…

Artificial Intelligence · Computer Science 2025-05-14 Eric Werner

Two main approaches for evaluating the quality of machine-generated rationales are: 1) using human rationales as a gold standard; and 2) automated metrics based on how rationales affect model behavior. An open question, however, is how…

Computation and Language · Computer Science 2020-10-13 Samuel Carton , Anirudh Rathore , Chenhao Tan