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Large language models (LLMs) are increasingly used in social science simulations. While their performance on reasoning and optimization tasks has been extensively evaluated, less attention has been paid to their ability to simulate human…

Computational Engineering, Finance, and Science · Computer Science 2025-08-25 Yuanjun Feng , Vivek Choudhary , Yash Raj Shrestha

We introduce a novel framework for simulating macroeconomic expectations using LLM Agents. By constructing LLM Agents equipped with various functional modules, we replicate three representative survey experiments involving several…

General Economics · Economics 2025-11-26 Jianhao Lin , Lexuan Sun , Yixin Yan

Behavioral studies of LLM-based software engineering agents extract operational rules about which trajectory shapes correlate with higher resolution rates: that a test step follows a code modification, that error cascades are short, or that…

Software Engineering · Computer Science 2026-05-19 Wei Ma , Zhi Chen , Jingxu Gu , Tianling Li , Shangqing Liu , Lingxiao Jiang

As Large Language Models (LLMs) become increasingly integrated into financial systems, understanding their behavioural properties is crucial. Do LLMs conform to the rational expectations paradigm, do they exhibit human-like "animal…

Trading and Market Microstructure · Quantitative Finance 2026-04-30 Maxime Saxena , Marco Pangallo , Cars Hommes , Fabio Caccioli , R. Maria del Rio-Chanona

Large Language Models (LLMs) have revolutionized Natural Language Processing but exhibit limitations, particularly in autonomously addressing novel challenges such as reasoning and problem-solving. Traditional techniques like…

Multiagent Systems · Computer Science 2024-01-03 Sumedh Rasal

Social biases and belief-driven behaviors can significantly impact Large Language Models (LLMs) decisions on several tasks. As LLMs are increasingly used in multi-agent systems for societal simulations, their ability to model fundamental…

Computation and Language · Computer Science 2025-10-09 Angana Borah , Marwa Houalla , Rada Mihalcea

The emergence of Large Language Models (LLMs), has opened exciting possibilities for constructing computational simulations designed to replicate human behavior accurately. Current research suggests that LLM-based agents become increasingly…

Computation and Language · Computer Science 2024-12-18 Amir Taubenfeld , Yaniv Dover , Roi Reichart , Ariel Goldstein

Large Language Model (LLM)-based multi-agent systems are increasingly used to simulate human interactions and solve collaborative tasks. A common practice is to assign agents with personas to encourage behavioral diversity. However, this…

Multiagent Systems · Computer Science 2025-11-18 Jiayi Li , Xiao Liu , Yansong Feng

General-purpose Large Language Models (LLMs) show significant potential in recruitment applications, where decisions require reasoning over unstructured text, balancing multiple criteria, and inferring fit and competence from indirect…

Computation and Language · Computer Science 2026-01-19 Morgane Hoffmann , Emma Jouffroy , Warren Jouanneau , Marc Palyart , Charles Pebereau

Classical models of opinion dynamics assume human participants with bounded rationality and limited coordination. The rise of LLM-based agents introduces a qualitative shift: agents can now participate in online discussions at scale,…

Multiagent Systems · Computer Science 2026-05-20 Xin He , Junxi Shen , Yuchen Mou , David M. Bossens , Caishun Chen , Ivor W. Tsang , Yew Soon Ong

While personalized recommender systems excel at content discovery, they frequently expose users to undesirable or discomforting information, highlighting the critical need for user-centric filtering tools. Current methods leveraging Large…

Information Retrieval · Computer Science 2026-04-21 Chi Zhang , Zhipeng Xu , Jiahao Liu , Dongsheng Li , Hansu Gu , Peng Zhang , Ning Gu , Tun Lu

Accurately simulating human opinion dynamics is crucial for understanding a variety of societal phenomena, including polarization and the spread of misinformation. However, the agent-based models (ABMs) commonly used for such simulations…

Creating human-like large language model (LLM) agents is crucial for faithful social simulation. Having LLMs role-play based on demographic information sometimes improves human likeness but often does not. This study assessed whether LLM…

Computation and Language · Computer Science 2024-10-17 Yun-Shiuan Chuang , Krirk Nirunwiroj , Zach Studdiford , Agam Goyal , Vincent V. Frigo , Sijia Yang , Dhavan Shah , Junjie Hu , Timothy T. Rogers

Recent works have increasingly applied Large Language Models (LLMs) as agents in financial stock market simulations to test if micro-level behaviors aggregate into macro-level phenomena. However, a crucial question arises: Do LLM agents'…

Trading and Market Microstructure · Quantitative Finance 2026-03-25 Zeping Li , Guancheng Wan , Keyang Chen , Yu Chen , Yiwen Zhao , Philip Torr , Guangnan Ye , Zhenfei Yin , Hongfeng Chai

Can large language models (LLMs) generate continuous numerical features that improve reinforcement learning (RL) trading agents? We build a modular pipeline where a frozen LLM serves as a stateless feature extractor, transforming…

Computation and Language · Computer Science 2026-04-14 Zhengzhe Yang

Large Language Models (LLMs) have demonstrated great potential in Conversational Recommender Systems (CRS). However, the application of LLMs to CRS has exposed a notable discrepancy in behavior between LLM-based CRS and human recommenders:…

Information Retrieval · Computer Science 2024-10-21 Dayu Yang , Fumian Chen , Hui Fang

Confirmation bias, the tendency to seek evidence that supports rather than challenges one's belief, hinders one's reasoning ability. We examine whether large language models (LLMs) exhibit confirmation bias by adapting the rule-discovery…

Computation and Language · Computer Science 2026-04-06 Ayush Rajesh Jhaveri , Anthony GX-Chen , Ilia Sucholutsky , Eunsol Choi

Researchers have started using LLM agents in place of human subjects in behavioural and political-science experiments, often as a cheaper substitute for laboratory pools. The substitution does not hold up in strategic settings: humans and…

General Economics · Economics 2026-05-27 Po Han Teo

Humans shift between different personas depending on social context. Large Language Models (LLMs) demonstrate a similar flexibility in adopting different personas and behaviors. Existing approaches, however, typically adapt such behavior…

Computation and Language · Computer Science 2026-02-10 Ruimeng Ye , Zihan Wang , Zinan Ling , Yang Xiao , Manling Li , Xiaolong Ma , Bo Hui

Well-being in family settings involves subtle psychological dynamics that conventional metrics often overlook. In particular, unconscious parental expectations, termed ideal parent bias, can suppress children's emotional expression and…

Human-Computer Interaction · Computer Science 2026-01-13 Rushia Harada , Yuken Kimura , Keito Inoshita
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