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Large Language Models (LLMs), such as GPT-4 and BERT, have rapidly gained traction in natural language processing (NLP) and are now integral to financial decision-making. However, their deployment introduces critical challenges,…
We investigate the choice patterns of Large Language Models (LLMs) in the context of Decisions from Experience tasks that involve repeated choice and learning from feedback, and compare their behavior to human participants. We find that on…
Large language models (LLMs) are becoming pervasive in everyday life, yet their propensity to reproduce biases inherited from training data remains a pressing concern. Prior investigations into bias in LLMs have focused on the association…
Recent researches indicate that Pre-trained Large Language Models (LLMs) possess cognitive constructs similar to those observed in humans, prompting researchers to investigate the cognitive aspects of LLMs. This paper focuses on explicit…
Adopting human and large language models (LLM) as judges (a.k.a human- and LLM-as-a-judge) for evaluating the performance of LLMs has recently gained attention. Nonetheless, this approach concurrently introduces potential biases from human…
LLMs are increasingly powerful and widely used to assist users in a variety of tasks. This use risks the introduction of LLM biases to consequential decisions such as job hiring, human performance evaluation, and criminal sentencing. Bias…
Generating synthetic datasets via large language models (LLMs) has emerged as a promising approach to improve LLM performance. However, LLMs inherently reflect biases in their training data, leading to a critical challenge: when models are…
Modern language models are trained on large amounts of data. These data inevitably include controversial and stereotypical content, which contains all sorts of biases related to gender, origin, age, etc. As a result, the models express…
Recent studies show that instruction tuning (IT) and reinforcement learning from human feedback (RLHF) improve the abilities of large language models (LMs) dramatically. While these tuning methods can help align models with human objectives…
Humans are not homo economicus (i.e., rational economic beings). As humans, we exhibit systematic behavioral biases such as loss aversion, anchoring, framing, etc., which lead us to make suboptimal economic decisions. Insofar as such biases…
Large Language Models (LLMs) are being adopted across a wide range of tasks, including decision-making processes in industries where bias in AI systems is a significant concern. Recent research indicates that LLMs can harbor implicit biases…
In everyday conversations, humans can take on different roles and adapt their vocabulary to their chosen roles. We explore whether LLMs can take on, that is impersonate, different roles when they generate text in-context. We ask LLMs to…
Vision Language Models (VLMs) are increasingly deployed across downstream tasks, yet their training data often encode social biases that surface in outputs. Unlike humans, who interpret images through contextual and social cues, VLMs…
Large language models (LLMs) are increasingly used as proxies for human judgment in computational social science, yet their ability to reproduce patterns of susceptibility to misinformation remains unclear. We test whether LLM-simulated…
Large Language Models (LLMs) are increasingly being used to simulate human-like decision making in agent-based financial market models (ABMs). As models become more powerful and accessible, researchers can now incorporate individual LLM…
Recent literature has suggested the potential of using large language models (LLMs) to make classifications for tabular tasks. However, LLMs have been shown to exhibit harmful social biases that reflect the stereotypes and inequalities…
Large Language Models (LLMs) are transforming human decision-making by acting as cognitive collaborators. Yet, this promise comes with a paradox: while LLMs can improve accuracy, they may also erode independent reasoning, promote…
Large Language Models have been demonstrating broadly satisfactory generative abilities for users, which seems to be due to the intensive use of human feedback that refines responses. Nevertheless, suggestibility inherited via human…
Large Language Models have garnered significant attention for their capabilities in multilingual natural language processing, while studies on risks associated with cross biases are limited to immediate context preferences. Cross-language…
Analogical reasoning -- the capacity to identify and map structural relationships between different domains -- is fundamental to human cognition and learning. Recent studies have shown that large language models (LLMs) can sometimes match…