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As AI agents increasingly act on behalf of human stakeholders in economic settings, understanding their behavior in complex market environments becomes critical. This article examines how Large Language Models coordinate on markets that are…

General Economics · Economics 2026-03-11 Alexander Erlei , Lukas Meub

The rise of Large Language Models (LLMs) has driven progress in reasoning tasks -- from program synthesis to scientific hypothesis generation -- yet their ability to handle ranked preferences and structured algorithms in combinatorial…

Artificial Intelligence · Computer Science 2025-12-09 Hadi Hosseini , Samarth Khanna , Ronak Singh

Large Language Models (LLMs) are increasingly employed in software engineering tasks such as requirements elicitation, design, and evaluation, raising critical questions regarding their alignment with human judgments on responsible AI…

Software Engineering · Computer Science 2025-11-07 Asma Yamani , Malak Baslyman , Moataz Ahmed

Strategic reasoning enables agents to cooperate, communicate, and compete with other agents in diverse situations. Existing approaches to solving strategic games rely on extensive training, yielding strategies that do not generalize to new…

Artificial Intelligence · Computer Science 2023-05-31 Kanishk Gandhi , Dorsa Sadigh , Noah D. Goodman

LLM agents are increasingly used for personalization due to their ability to communicate directly with users in natural language, integrate external knowledge bases, and negotiate with other (possibly human) agents. Especially in…

Information Retrieval · Computer Science 2026-05-05 Andrea Forster , Peter Müllner , Denis Helic , Elisabeth Lex , Dominik Kowald

Large language models (LLMs) excel in tasks like question answering and dialogue, but complex tasks requiring interaction, such as negotiation and persuasion, require additional long-horizon reasoning and planning. Reinforcement learning…

Computation and Language · Computer Science 2025-12-04 Joey Hong , Anca Dragan , Sergey Levine

Large language models (LLMs) demonstrate strong reasoning abilities across mathematical, strategic, and linguistic tasks, yet little is known about how well they reason in dynamic, real-time, multi-agent scenarios, such as collaborative…

Multiagent Systems · Computer Science 2026-01-01 Shaurya Mallampati , Rashed Shelim , Walid Saad , Naren Ramakrishnan

Large Language Models (LLMs) are increasingly applied to domains that require reasoning about other agents' behavior, such as negotiation, policy design, and market simulation, yet existing research has mostly evaluated their adherence to…

Artificial Intelligence · Computer Science 2025-10-14 Enric Junque de Fortuny , Veronica Roberta Cappelli

Powered by large language models (LLMs), AI agents have become capable of many human tasks. Using the most canonical definitions of the Big Five personality, we measure the ability of LLMs to negotiate within a game-theoretical framework,…

Computation and Language · Computer Science 2024-05-10 Sean Noh , Ho-Chun Herbert Chang

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…

Computation and Language · Computer Science 2024-11-01 Nunzio Lore , Sepehr Ilami , Babak Heydari

Humans are not homo economicus (i.e., rational economic beings). As humans, we exhibit systematic behavioral biases such as loss aversion, anchoring, framing, etc., which lead us to make suboptimal economic decisions. Insofar as such biases…

Computation and Language · Computer Science 2024-08-07 Jillian Ross , Yoon Kim , Andrew W. Lo

Large language models (LLMs) are increasingly proposed as agents in strategic decision environments, yet their behavior in structured geopolitical simulations remains under-researched. We evaluate six popular state-of-the-art LLMs alongside…

Computation and Language · Computer Science 2026-03-03 Veronika Solopova , Viktoria Skorik , Maksym Tereshchenko , Alina Haidun , Ostap Vykhopen

Fine-tuning Large Language Models (LLMs) incurs considerable training costs, driving the need for data-efficient training with optimised data ordering. Human-inspired strategies offer a solution by organising data based on human learning…

Computation and Language · Computer Science 2024-11-06 Yushi Yang , Andrew M. Bean , Robert McCraith , Adam Mahdi

Large Language Models (LLMs) are typically aligned with human values using preference data or predefined principles such as helpfulness, honesty, and harmlessness. However, as AI systems progress toward Artificial General Intelligence (AGI)…

Computation and Language · Computer Science 2025-12-08 Panatchakorn Anantaprayoon , Nataliia Babina , Jad Tarifi , Nima Asgharbeygi

Machine-learning technologies are seeing increased deployment in real-world market scenarios. In this work, we explore the strategic behaviors of large language models (LLMs) when deployed as autonomous agents in multi-commodity markets,…

Computer Science and Game Theory · Computer Science 2025-05-19 Ryan Y. Lin , Siddhartha Ojha , Kevin Cai , Maxwell F. Chen

Would artificial intelligence (AI) cut interest rates or adopt conservative monetary policy? Would it deregulate or opt for a more controlled economy? As AI use by economic policymakers, academics, and market participants grows…

Computers and Society · Computer Science 2025-12-10 Maxim Chupilkin

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 revolutionised the capability of AI models in comprehending and generating natural language text. They are increasingly being used to empower and deploy agents in real-world scenarios, which make decisions…

Artificial Intelligence · Computer Science 2024-08-21 Sagar Uprety , Amit Kumar Jaiswal , Haiming Liu , Dawei Song

The growing interest in employing large language models (LLMs) for decision-making in social and economic contexts has raised questions about their potential to function as agents in these domains. A significant number of societal problems…

Computer Science and Game Theory · Computer Science 2025-11-25 Hadi Hosseini , Samarth Khanna

As autonomous agents become more prevalent, understanding their collective behaviour in strategic interactions is crucial. This study investigates the emergent cooperative tendencies of systems of Large Language Model (LLM) agents in a…

Multiagent Systems · Computer Science 2025-01-28 Richard Willis , Yali Du , Joel Z Leibo , Michael Luck