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Game theory, as an analytical tool, is frequently utilized to analyze human behavior in social science research. With the high alignment between the behavior of Large Language Models (LLMs) and humans, a promising research direction is to…

Artificial Intelligence · Computer Science 2023-12-13 Caoyun Fan , Jindou Chen , Yaohui Jin , Hao He

Large language models (LLMs) increasingly mediate economic and organisational processes, from automated customer support and recruitment to investment advice and policy analysis. These systems are often assumed to embody rational decision…

General Economics · Economics 2025-11-18 Luca Corazzini , Elisa Deriu , Marco Guerzoni

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

Markets increasingly accommodate large language models (LLMs) as autonomous decision-making agents. As this transition occurs, it becomes critical to evaluate how these agents behave relative to their human and task-specific statistical…

Artificial Intelligence · Computer Science 2026-01-27 Crystal Qian , Kehang Zhu , John Horton , Benjamin S. Manning , Vivian Tsai , James Wexler , Nithum Thain

Recent advances in Large Language Models (LLMs) have enabled multi-agent systems that simulate real-world interactions with near-human reasoning. While previous studies have extensively examined biases related to protected attributes such…

Artificial Intelligence · Computer Science 2025-06-03 Min Choi , Keonwoo Kim , Sungwon Chae , Sangyeob Baek

As large language models (LLMs) increasingly act as autonomous agents in markets and organizations, their behavior in strategic environments becomes economically consequential. We document that off-the-shelf LLM agents exhibit systematic…

General Economics · Economics 2026-03-16 Wei Lu , Amit Dhanda , Daniel L. Chen , Christian B. Hansen

Researchers have started using LLM agents in place of human subjects in behavioural and political-science experiments, often as a cheaper substitute for laboratory pools. The substitution does not hold up in strategic settings: humans and…

General Economics · Economics 2026-05-27 Po Han Teo

Recent advances in Large Language Models (LLMs) have demonstrated their potential as autonomous agents across various tasks. One emerging application is the use of LLMs in playing games. In this work, we explore a practical problem for the…

Artificial Intelligence · Computer Science 2024-10-07 Chang Xiao , Brenda Z. Yang

Recent advances in Large Language Models (LLMs) demonstrate that chain-of-thought prompting and deep reasoning substantially enhance performance on complex tasks, and multi-agent systems can further improve accuracy by enabling model…

Artificial Intelligence · Computer Science 2025-10-16 Zehui Ling , Deshu Chen , Yichi Zhang , Yuchen Liu , Xigui Li , Xin Guo , Yuan Cheng

Behavior study experiments are an important part of society modeling and understanding human interactions. In practice, many behavioral experiments encounter challenges related to internal and external validity, reproducibility, and social…

Recent advancements in Large Language Models offer promising capabilities to simulate complex human social interactions. We investigate whether LLM-based multi-agent simulations can reproduce core human social dynamics observed in online…

Multiagent Systems · Computer Science 2025-07-31 Hsien-Tsung Lin , Pei-Cing Huang , Chan-Tung Ku , Chan Hsu , Pei-Xuan Shieh , Yihuang Kang

Large language models (LLMs), a recent advance in deep learning and machine intelligence, have manifested astonishing capacities, now considered among the most promising for artificial general intelligence. With human-like capabilities,…

Artificial Intelligence · Computer Science 2025-09-19 Zhilun Zhou , Jing Yi Wang , Nicholas Sukiennik , Chen Gao , Fengli Xu , Yong Li , James Evans

In order for AI systems to communicate effectively with people, they must understand how we make decisions. However, people's decisions are not always rational, so the implicit internal models of human decision-making in Large Language…

Computation and Language · Computer Science 2025-03-11 Ryan Liu , Jiayi Geng , Joshua C. Peterson , Ilia Sucholutsky , Thomas L. Griffiths

It is increasingly important that LLM agents interact effectively and safely with other goal-pursuing agents, yet, recent works report the opposite trend: LLMs with stronger reasoning capabilities behave _less_ cooperatively in mixed-motive…

Computer Science and Game Theory · Computer Science 2026-04-17 Emanuel Tewolde , Xiao Zhang , David Guzman Piedrahita , Vincent Conitzer , Zhijing Jin

Most existing prompting methods suffer from the issues of generalizability and consistency, as they often rely on instance-specific solutions that may not be applicable to other instances and lack task-level consistency across the selected…

Computation and Language · Computer Science 2024-11-12 Chang Gao , Haiyun Jiang , Deng Cai , Shuming Shi , Wai Lam

Extensive work has been conducted both in game theory and logic to model strategic interaction. An important question is whether we can use these theories to design agents for interacting with people? On the one hand, they provide a formal…

Artificial Intelligence · Computer Science 2016-06-27 Sarit Kraus

Large Language Models (LLMs) have significantly advanced natural language processing, demonstrating exceptional reasoning, tool usage, and memory capabilities. As their applications expand into multi-agent environments, there arises a need…

Computation and Language · Computer Science 2024-11-28 Lin Xu , Zhiyuan Hu , Daquan Zhou , Hongyu Ren , Zhen Dong , Kurt Keutzer , See Kiong Ng , Jiashi Feng

Large Language Models (LLMs) trained with reinforcement learning and verifiable rewards have achieved strong results on complex reasoning tasks. Recent work extends this paradigm to a multi-agent setting, where a meta-thinking agent…

Artificial Intelligence · Computer Science 2025-11-05 Zhiwei Zhang , Xiaomin Li , Yudi Lin , Hui Liu , Ramraj Chandradevan , Linlin Wu , Minhua Lin , Fali Wang , Xianfeng Tang , Qi He , Suhang Wang

This paper asks whether large language models (LLMs) can be used to study the strategic foundations of conflict and cooperation. I introduce LLMs as experimental subjects in a repeated security dilemma and evaluate whether they reproduce…

Computer Science and Game Theory · Computer Science 2026-05-06 Maxim Chupilkin

Large language models (LLMs) are increasingly used as judges to evaluate agent performance, particularly in non-verifiable settings where judgments rely on agent trajectories including chain-of-thought (CoT) reasoning. This paradigm…

Artificial Intelligence · Computer Science 2026-01-23 Muhammad Khalifa , Lajanugen Logeswaran , Jaekyeom Kim , Sungryull Sohn , Yunxiang Zhang , Moontae Lee , Hao Peng , Lu Wang , Honglak Lee