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Large language models (LLMs) like ChatGPT have significantly lowered the cost of producing written content. This paper studies how LLMs, through lowering writing costs, disrupt markets that traditionally relied on writing as a costly signal…
The advancements of Large Language Models (LLMs) have decentralized the responsibility for the transparency of AI usage. Specifically, LLM users are now encouraged or required to disclose the use of LLM-generated content for varied types of…
Large language models (LLMs) are increasingly used in modern search and answer systems to synthesize multiple, sometimes conflicting, texts into a single response, yet current pipelines offer weak incentives for sources to be accurate and…
Given a batch of human computation tasks, a commonly ignored aspect is how the price (i.e., the reward paid to human workers) of these tasks must be set or varied in order to meet latency or cost constraints. Often, the price is set…
As Large Language Models (LLMs) become a primary interface between users and the web, companies face growing economic incentives to embed commercial influence into AI-mediated conversations. We present two preregistered experiments (N =…
Generative AI like the Large Language Models (LLMs) has become more available for the general consumer in recent years. Publicly available services, e.g., ChatGPT, perform token generation on networked cloud server hardware, effectively…
Large Language Models (LLMs) have become dominant in the Natural Language Processing (NLP) field causing a huge surge in progress in a short amount of time. However, their limitations are still a mystery and have primarily been explored…
Large Language Models (LLMs) are pivotal in advancing natural language processing but often struggle with complex reasoning tasks due to inefficient attention distributions. In this paper, we explore the effect of increased computed tokens…
Tokenizer is an essential component for large language models (LLMs), and a tokenizer with a high compression rate can improve the model's representation and processing efficiency. However, the tokenizer cannot ensure high compression rate…
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…
Large language models (LLMs) show best-in-class performance across a wide range of natural language processing applications. Training these models is an extremely computationally expensive task; frontier Artificial Intelligence (AI)…
Large language models (LLMs) promise to democratize financial analysis by reducing information-processing costs. Yet equal access does not ensure equal outcomes, as the locus of friction may shift from processing information to evaluating…
Thinking Tokens (TT) have been proposed as an unsupervised method to facilitate reasoning in language models. However, despite their conceptual appeal, our findings show that TTs marginally improves performance and consistently…
Wu et al. (2026) showed that most frontier large language models (LLMs) recommend a sponsored, roughly twice-as-expensive flight when their system prompt contains a soft sponsorship cue. We reproduce their evaluation on ten open-weight chat…
Selecting language models in business contexts requires a careful analysis of the final financial benefits of the investment. However, the emphasis of academia and industry analysis of LLM is solely on performance. This work introduces a…
Large language model (LLM) tokenizers act as structured compressors: by mapping text to discrete token sequences, they determine token count (and thus compute and context usage) and the statistical structure seen by downstream models.…
Large reasoning models (LRMs) often consume excessive tokens, inflating computational cost and latency. More broadly, in goal reaching sequential decision problems we often want to reach the goal quickly, and LRM reasoning can be viewed…
We propose an incentive mechanism for the sponsored content provider market in which the communication of users can be represented by a graph and the private information of the users is assumed to have a continuous distribution function.…
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) have demonstrated impressive capabilities in natural language processing. However, their internal mechanisms are still unclear and this lack of transparency poses unwanted risks for downstream applications.…