Related papers: Menu Pricing of Large Language Models

Previous works suggested the use of Branch and Bound techniques for finding the optimal allocation in (multi-unit) combinatorial auctions. They remarked that Linear Programming could provide a good upper-bound to the optimal allocation, but…

Reasonable pricing of data products enables data trading platforms to maximize revenue and foster the growth of the data trading market. The textual semantics of data products are vital for pricing and contain significant value that remains…

Large language models (LLMs) are increasingly used to automate feature engineering in tabular learning. Given task-specific information, LLMs can propose diverse feature transformation operations to enhance downstream model performance.…

LLM inference is still evaluated mainly as a model or software problem: accuracy, latency, throughput, and hardware utilization. This is incomplete. At deployment scale, the relevant output is a quality-conditioned token produced under…

The ability of large language models (LLMs) to manage and acquire economic resources remains unclear. In this paper, we introduce \textbf{Market-Bench}, a comprehensive benchmark that evaluates the capabilities of LLMs in…

The widespread adoption of Large Language Models (LLMs) through Application Programming Interfaces (APIs) induces a critical vulnerability: the potential for dishonest manipulation by service providers. This manipulation can manifest in…

Selling a single item to $n$ self-interested buyers is a fundamental problem in economics, where the two objectives typically considered are welfare maximization and revenue maximization. Since the optimal mechanisms are often impractical…

Large Language Model (LLM)-based systems, i.e. interconnected elements that include an LLM as a central component, such as conversational agents, are usually designed with monolithic, static architectures that rely on a single,…

Large language models (LLMs) have demonstrated remarkable capabilities in handling complex dialogue tasks without requiring use case-specific fine-tuning. However, analyzing live dialogues in real-time necessitates low-latency processing…

Internet advertisers (buyers) repeatedly procure ad impressions from ad platforms (sellers) with the aim to maximize total conversion (i.e. ad value) while respecting both budget and return-on-investment (ROI) constraints for efficient…

The importance of recommender systems is growing rapidly due to the exponential increase in the volume of content generated daily. This surge in content presents unique challenges for designing effective recommender systems. Key among these…

Large Language Models (LLMs) have achieved remarkable success in various fields, prompting several studies to explore their potential in recommendation systems. However, these attempts have so far resulted in only modest improvements over…

Large language models (LLMs) exhibit impressive capabilities across a wide range of tasks, yet the choice of which model to use often involves a trade-off between performance and cost. More powerful models, though effective, come with…

Large language models (LLMs) are powerful tools but are often expensive to deploy at scale. LLM query routing mitigates this by dynamically assigning queries to models of varying cost and quality to obtain a desired trade-off. Prior query…

We present PricingLogic, the first benchmark that probes whether Large Language Models(LLMs) can reliably automate tourism-related prices when multiple, overlapping fare rules apply. Travel agencies are eager to offload this error-prone…

Large language models (LLMs) are in need of sufficient contexts to handle many critical applications, such as retrieval augmented generation and few-shot learning. However, due to the constrained window size, the LLMs can only access to the…

We introduce a scaling law for fine-tuning large language models (LLMs) under fixed compute budgets that explicitly accounts for data composition. Conventional approaches measure training data solely by total tokens, yet the number of…

How should Large Language Model (LLM) practitioners select the right model for a task without wasting money? We introduce BELLA (Budget-Efficient LLM Selection via Automated skill-profiling), a framework that recommends optimal LLM…

In this paper, we investigate the phenomena of "selection biases" in Large Language Models (LLMs), focusing on problems where models are tasked with choosing the optimal option from an ordered sequence. We delve into biases related to…

Algorithms increasingly automate bidding in online auctions, raising concerns about tacit bid suppression and revenue shortfalls. Prior work identifies individual mechanisms behind algorithmic bid suppression, but it remains unclear which…