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Related papers: How Personality Traits Shape LLM Risk-Taking Behav…

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This paper investigates how large language models (LLMs) form and express investor risk profiles, a critical component of retail investment advising. We examine three LLMs (GPT, Gemini, and Llama) and assess their responses to a…

Portfolio Management · Quantitative Finance 2026-05-28 Hanyong Cho , Geumil Bae , Jang Ho Kim

Large language models (LLMs) are currently at the forefront of intertwining AI systems with human communication and everyday life. Therefore, it is of great importance to evaluate their emerging abilities. In this study, we show that LLMs…

Computation and Language · Computer Science 2023-10-10 Thilo Hagendorff , Sarah Fabi , Michal Kosinski

While both agent interaction and personalisation are vibrant topics in research on large language models (LLMs), there has been limited focus on the effect of language interaction on the behaviour of persona-conditioned LLM agents. Such an…

Computation and Language · Computer Science 2024-02-06 Ivar Frisch , Mario Giulianelli

Large Language Models (LLMs) are often misleadingly recognized as having a personality or a set of values. We argue that an LLM can be seen as a superposition of perspectives with different values and personality traits. LLMs exhibit…

Computation and Language · Computer Science 2023-11-08 Grgur Kovač , Masataka Sawayama , Rémy Portelas , Cédric Colas , Peter Ford Dominey , Pierre-Yves Oudeyer

As Large Language Models (LLMs) become integral to human-centered applications, understanding their personality-like behaviors is increasingly important for responsible development and deployment. This paper systematically evaluates six…

Computation and Language · Computer Science 2025-11-07 Christos-Nikolaos Zacharopoulos , Revekka Kyriakoglou

As Large Language Models (LLMs) become widely used to model and simulate human behavior, understanding their biases becomes critical. We developed an experimental framework using Big Five personality surveys and uncovered a previously…

Artificial Intelligence · Computer Science 2024-11-25 Aadesh Salecha , Molly E. Ireland , Shashanka Subrahmanya , João Sedoc , Lyle H. Ungar , Johannes C. Eichstaedt

The advent of large language models (LLMs) has revolutionized natural language processing, enabling the generation of coherent and contextually relevant human-like text. As LLMs increasingly powerconversational agents used by the general…

Large Language Models (LLMs) have been increasingly used in real-world settings, yet their strategic decision-making abilities remain largely unexplored. To fully benefit from the potential of LLMs, it's essential to understand their…

Artificial Intelligence · Computer Science 2024-10-16 Nathan Herr , Fernando Acero , Roberta Raileanu , María Pérez-Ortiz , Zhibin Li

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

Psychology research has long explored aspects of human personality such as extroversion, agreeableness and emotional stability. Categorizations like the `Big Five' personality traits are commonly used to assess and diagnose personality…

Artificial Intelligence · Computer Science 2022-12-21 Graham Caron , Shashank Srivastava

Human decision-making belongs to the foundation of our society and civilization, but we are on the verge of a future where much of it will be delegated to artificial intelligence. The arrival of Large Language Models (LLMs) has transformed…

Artificial Intelligence · Computer Science 2025-06-23 Hao Li , Gengrui Zhang , Petter Holme , Shuyue Hu , Zhen Wang

We investigate whether Large Language Models (LLMs) exhibit human-like cognitive patterns under four established frameworks from psychology: Thematic Apperception Test (TAT), Framing Bias, Moral Foundations Theory (MFT), and Cognitive…

Artificial Intelligence · Computer Science 2025-12-12 Akash Kundu , Rishika Goswami

Accurate assessment of personality traits is crucial for effective psycho-counseling, yet traditional methods like self-report questionnaires are time-consuming and biased. This study exams whether Large Language Models (LLMs) can predict…

Computation and Language · Computer Science 2024-06-26 Yang Yan , Lizhi Ma , Anqi Li , Jingsong Ma , Zhenzhong Lan

Predicting human decision-making in high-stakes environments remains a central challenge for artificial intelligence. While large language models (LLMs) demonstrate strong general reasoning, they often struggle to generate consistent,…

Artificial Intelligence · Computer Science 2026-02-20 Ben Yellin , Ehud Ezra , Mark Foreman , Shula Grinapol

Human problem-solving is enriched by a diversity of styles and personality traits, yet the development of Large Language Models (LLMs) has largely prioritized uniform performance benchmarks that favour specific behavioural tendencies such…

Computation and Language · Computer Science 2026-03-09 Xi Wang , Mengdie Zhuang , Jiqun Liu

When making decisions under uncertainty, individuals often deviate from rational behavior, which can be evaluated across three dimensions: risk preference, probability weighting, and loss aversion. Given the widespread use of large language…

Artificial Intelligence · Computer Science 2024-11-04 Jingru Jia , Zehua Yuan , Junhao Pan , Paul E. McNamara , Deming Chen

Cognitive biases often shape human decisions. While large language models (LLMs) have been shown to reproduce well-known biases, a more critical question is whether LLMs can predict biases at the individual level and emulate the dynamics of…

Artificial Intelligence · Computer Science 2026-02-27 Stephen Pilli , Vivek Nallur

In this work, we designed unbiased prompts to systematically evaluate the psychological safety of large language models (LLMs). First, we tested five different LLMs by using two personality tests: Short Dark Triad (SD-3) and Big Five…

Computation and Language · Computer Science 2024-03-01 Xingxuan Li , Yutong Li , Lin Qiu , Shafiq Joty , Lidong Bing

Recent advancements in Large Language Models (LLMs) have led to their adaptation in various domains as conversational agents. We wonder: can personality tests be applied to these agents to analyze their behavior, similar to humans? We…

In this paper, we explore how large language models (LLMs) approach financial decision-making by systematically comparing their responses to those of human participants across the globe. We posed a set of commonly used financial…

General Economics · Economics 2025-07-16 Orhan Erdem , Ragavi Pobbathi Ashok