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We explore the potential of Large Language Models (LLMs) to replicate human behavior in economic market experiments. Compared to previous studies, we focus on dynamic feedback between LLM agents: the decisions of each LLM impact the market…

General Economics · Economics 2025-05-13 R. Maria del Rio-Chanona , Marco Pangallo , Cars Hommes

Large language models (LLMs) are advanced artificial intelligence (AI) systems that can perform a variety of tasks commonly found in human intelligence tests, such as defining words, performing calculations, and engaging in verbal…

Computation and Language · Computer Science 2024-09-12 David Ilić , Gilles E. Gignac

The capabilities and limitations of Large Language Models have been sketched out in great detail in recent years, providing an intriguing yet conflicting picture. On the one hand, LLMs demonstrate a general ability to solve problems. On the…

Large language models (LLMs) have revolutionized many areas (e.g. natural language processing, software engineering, etc.) by achieving state-of-the-art performance on extensive downstream tasks. Aiming to achieve robust and general…

Artificial Intelligence · Computer Science 2024-01-18 Zhiming Li , Yushi Cao , Xiufeng Xu , Junzhe Jiang , Xu Liu , Yon Shin Teo , Shang-wei Lin , Yang Liu

Theory based AI research has had a hard time recently and the aim here is to propose a model of what LLMs are actually doing when they impress us with their language skills. The model integrates three established theories of human…

Computation and Language · Computer Science 2025-08-01 Peter Wallis

Large language models (LLMs) are increasingly used to support the analysis of complex financial disclosures, yet their reliability, behavioral consistency, and transparency remain insufficiently understood in high-stakes settings. This…

Computation and Language · Computer Science 2026-01-21 Md Talha Mohsin

Logical reasoning is fundamental for humans yet presents a substantial challenge in the domain of Artificial Intelligence. Initially, researchers used Knowledge Representation and Reasoning (KR) systems that did not scale and required…

Computation and Language · Computer Science 2024-04-02 Man Luo , Shrinidhi Kumbhar , Ming shen , Mihir Parmar , Neeraj Varshney , Pratyay Banerjee , Somak Aditya , Chitta Baral

Causal reasoning is a cornerstone of human intelligence and a critical capability for artificial systems aiming to achieve advanced understanding and decision-making. This thesis delves into various dimensions of causal reasoning and…

Computation and Language · Computer Science 2025-04-22 Zhijing Jin

This paper investigates the logical reasoning capabilities of large language models (LLMs). For a precisely defined yet tractable formulation, we choose the conceptually simple but technically complex task of constructing proofs in Boolean…

Machine Learning · Computer Science 2025-04-30 Yuan Xia , Akanksha Atrey , Fadoua Khmaissia , Kedar S. Namjoshi

Recent advances in AI have been significantly driven by the capabilities of large language models (LLMs) to solve complex problems in ways that resemble human thinking. However, there is an ongoing debate about the extent to which LLMs are…

Machine Learning · Computer Science 2024-08-16 Javier González , Aditya V. Nori

In the rapidly evolving field of Large Language Models (LLMs), there is a critical need to thoroughly analyze their capabilities and risks. Central to our investigation are two novel elements. Firstly, it is the innovative parallels between…

Artificial Intelligence · Computer Science 2024-03-07 Jianqiiu Zhang

Language model (LM) agents are increasingly used as autonomous decision-makers which need to actively gather information to guide their decisions. A crucial cognitive skill for such agents is the efficient exploration and understanding of…

Artificial Intelligence · Computer Science 2025-10-07 Anthony GX-Chen , Dongyan Lin , Mandana Samiei , Doina Precup , Blake A. Richards , Rob Fergus , Kenneth Marino

Evaluating reasoning ability in Large Language Models (LLMs) is important for advancing artificial intelligence, as it transcends mere linguistic task performance. It involves understanding whether these models truly understand information,…

Artificial Intelligence · Computer Science 2025-10-29 Benjamin Grando Moreira

Large Language Models (LLMs) are capable of displaying a wide range of abilities that are not directly connected with the task for which they are trained: predicting the next words of human-written texts. In this article, I review recent…

Artificial Intelligence · Computer Science 2023-12-19 Stefano Nolfi

This paper explores the advancements in making large language models (LLMs) more human-like. We focus on techniques that enhance natural language understanding, conversational coherence, and emotional intelligence in AI systems. The study…

Computation and Language · Computer Science 2026-02-03 Ethem Yağız Çalık , Talha Rüzgar Akkuş

Large Language Models (LLMs) have shown impressive potential to simulate human behavior. We identify a fundamental challenge in using them to simulate experiments: when LLM-simulated subjects are blind to the experimental design (as is…

Artificial Intelligence · Computer Science 2025-11-25 George Gui , Olivier Toubia

The planning ability of Large Language Models (LLMs) has garnered increasing attention in recent years due to their remarkable capacity for multi-step reasoning and their ability to generalize across a wide range of domains. While some…

Artificial Intelligence · Computer Science 2025-02-19 Mohamed Aghzal , Erion Plaku , Gregory J. Stein , Ziyu Yao

Large language models (LLMs) have showcased remarkable reasoning capabilities, yet they remain susceptible to errors, particularly in temporal reasoning tasks involving complex temporal logic. Existing research has explored LLM performance…

Computation and Language · Computer Science 2024-06-14 Bahare Fatemi , Mehran Kazemi , Anton Tsitsulin , Karishma Malkan , Jinyeong Yim , John Palowitch , Sungyong Seo , Jonathan Halcrow , Bryan Perozzi

Large language models (LLMs) achieve astonishing results on a wide range of tasks. However, their formal reasoning ability still lags behind. A promising approach is Neurosymbolic LLM reasoning. It works by using LLMs as translators from…

Artificial Intelligence · Computer Science 2025-09-05 Alexander Beiser , David Penz , Nysret Musliu

Autoregressive Large Language Models (LLMs) trained for next-word prediction have demonstrated remarkable proficiency at producing coherent text. But are they equally adept at forming coherent probability judgments? We use probabilistic…

Computation and Language · Computer Science 2025-05-07 Jian-Qiao Zhu , Thomas L. Griffiths
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