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Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the cognitive psychology and experimental…

As Large Language Models (LLMs) increasingly operate as autonomous decision-makers in interactive and multi-agent systems and human societies, understanding their strategic behaviour has profound implications for safety, coordination, and…

We study self-rewarding reasoning large language models (LLMs), which can simultaneously generate step-by-step reasoning and evaluate the correctness of their outputs during the inference time-without external feedback. This integrated…

Despite widespread success in language understanding and generation, large language models (LLMs) exhibit unclear and often inconsistent behavior when faced with tasks that require probabilistic reasoning. In this work, we present the first…

Recent studies suggest large language models (LLMs) can exhibit human-like reasoning, aligning with human behavior in economic experiments, surveys, and political discourse. This has led many to propose that LLMs can be used as surrogates…

As the performance of larger, newer Large Language Models continues to improve for strategic Theory of Mind (ToM) tasks, the demand for these state-of-the-art models increases commensurately. However, their deployment is costly both in…

Recent advancements in large language models (LLMs) have shown remarkable progress, yet their ability to solve complex problems remains limited. In this work, we introduce Cumulative Reasoning (CR), a structured framework that enhances LLM…

In tacit coordination games with multiple outcomes, purely rational solution concepts, such as Nash equilibria, provide no guidance for which equilibrium to choose. Shelling's theory explains how, in these settings, humans coordinate by…

The chain-of-thought (CoT) paradigm uses the elicitation of step-by-step rationales as a proxy for reasoning, gradually refining the model's latent representation of a solution. However, it remains unclear just how early a Large Language…

Chain-of-Thought prompting has significantly enhanced the reasoning capabilities of large language models, with numerous studies exploring factors influencing its performance. However, the underlying mechanisms remain poorly understood. To…

Large language models (LLMs), such as GPT-3 and GPT-4, have demonstrated exceptional performance in various natural language processing tasks and have shown the ability to solve certain reasoning problems. However, their reasoning…

Humans effortlessly go beyond literal meanings: If you mow the lawn, I will give you fifty dollars, is typically understood as implying that the speaker will pay only if the lawn is mowed, whereas If you are hungry, there is pizza in the…

Recently, with the chain of thought (CoT) prompting, large language models (LLMs), e.g., GPT-3, have shown strong reasoning ability in several natural language processing tasks such as arithmetic, commonsense, and logical reasoning.…

Large language models (LLMs) showcase impressive reasoning capabilities when coupled with Chain-of-Thought (CoT) prompting. However, the robustness of this approach warrants further investigation. In this paper, we introduce a novel…

Large Language Models (LLMs) have demonstrated strong generalization across a wide range of tasks. Reasoning with LLMs is central to solving multi-step problems and complex decision-making. To support efficient reasoning, recent studies…

Chain-of-thought explanations are widely used to inspect the decision process of large language models (LLMs) and to evaluate the trustworthiness of model outputs, making them important for effective collaboration between LLMs and humans.…

Large Language Models (LLMs) have succeeded remarkably in various natural language processing (NLP) tasks, yet their reasoning capabilities remain a fundamental challenge. While LLMs exhibit impressive fluency and factual recall, their…

The enhancement of reasoning capabilities in large language models (LLMs) has garnered significant attention, with supervised fine-tuning (SFT) and reinforcement learning emerging as dominant paradigms. While recent studies recognize the…

Large pretrained models are showing increasingly better performance in reasoning and planning tasks across different modalities, opening the possibility to leverage them for complex sequential decision making problems. In this paper, we…

Theory of Mind (ToM) refers to an agent's ability to model the internal states of others. Contributing to the debate whether large language models (LLMs) exhibit genuine ToM capabilities, our study investigates their ToM robustness using…