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Negotiation is a central mechanism of economic exchange, shaping markets, procurement, labor agreements, and resource allocation. It is also a canonical testbed for agentic language models, requiring multi-turn interaction under hidden…

Computer Science and Game Theory · Computer Science 2026-05-15 Erica Zhang , Fangzhao Zhang , Aneesh Pappu , Batu El , Jose Blanchet , Susan Athey , Jiashuo Liu , James Zou

Large language models (LLMs) demonstrate strong potential as autonomous agents, with promising capabilities in reasoning, tool use, and sequential decision-making. While prior benchmarks have evaluated LLM agents in various domains, the…

Machine Learning · Computer Science 2026-03-03 Yanxu Chen , Zijun Yao , Yantao Liu , Amy Xin , Jin Ye , Jianing Yu , Lei Hou , Juanzi Li

Prediction markets offer a natural testbed for trading agents: contracts have binary payoffs, prices can be interpreted as probabilities, and realized performance depends critically on market microstructure, fees, and settlement risk. We…

Statistical Finance · Quantitative Finance 2026-02-03 Avi Arora , Ritesh Malpani

AI agents negotiate and transact in natural language with unfamiliar counterparts: a buyer bot facing an unknown seller, or a procurement assistant negotiating with a supplier. In such interactions, the counterpart's LLM, prompts, control…

Machine Learning · Computer Science 2026-05-13 Eilam Shapira , Moshe Tennenholtz , Roi Reichart

Large language models (LLMs) achieve strong performance across benchmarks--from knowledge quizzes and math reasoning to web-agent tasks--but these tests occur in static settings, lacking real dynamics and uncertainty. Consequently, they…

Trading and Market Microstructure · Quantitative Finance 2025-11-06 Haofei Yu , Fenghai Li , Jiaxuan You

Large Language Models (LLMs) are increasingly used as chatbots, yet their ability to personalize responses to user preferences remains limited. We introduce PrefEval, a benchmark for evaluating LLMs' ability to infer, memorize and adhere to…

Machine Learning · Computer Science 2025-02-14 Siyan Zhao , Mingyi Hong , Yang Liu , Devamanyu Hazarika , Kaixiang Lin

Negotiation requires more than inferring what the other side wants: it requires using that information to make advantageous offers and counteroffers over multiple turns. We study whether large language model (LLM) agents do this in a…

Artificial Intelligence · Computer Science 2026-05-19 Romain Cosentino , Sarath Shekkizhar , Adam Earle , Silvio Savarese

Bargaining is often regarded as a logical arena rather than an art or a matter of intuition, yet Large Language Models (LLMs) still struggle to navigate it due to limited strategic depth and difficulty adapting to complex human factors.…

Artificial Intelligence · Computer Science 2026-03-10 Jihwan Oh , Murad Aghazada , Yooju Shin , Se-Young Yun , Taehyeon Kim

Large language model (LLM)-based agents are increasingly expected to negotiate, coordinate, and transact autonomously, yet existing benchmarks lack principled settings for evaluating language-mediated economic interaction among multiple…

Artificial Intelligence · Computer Science 2026-02-06 Xianyang Liu , Shangding Gu , Dawn Song

Large Language Models (LLMs) excel at producing broadly relevant text, but this generality becomes a limitation when user-specific preferences are required, such as recommending restaurants or planning travel. In these scenarios, users…

Machine Learning · Computer Science 2025-10-21 Ioannis Tsaknakis , Bingqing Song , Shuyu Gan , Dongyeop Kang , Alfredo Garcia , Gaowen Liu , Charles Fleming , Mingyi Hong

Large Language Models (LLMs) excel in various tasks, including personalized recommendations. Existing evaluation methods often focus on rating prediction, relying on regression errors between actual and predicted ratings. However, user…

Computation and Language · Computer Science 2025-01-24 Zhaoxuan Tan , Zinan Zeng , Qingkai Zeng , Zhenyu Wu , Zheyuan Liu , Fengran Mo , Meng Jiang

In e-commerce, LLM agents show promise for shopping tasks such as recommendations, budget management, and bundle deals, where accurately capturing user preferences from long-horizon conversations is critical. However, progress is limited by…

Computation and Language · Computer Science 2026-05-28 Zijian Yu , Kejun Xiao , Huaipeng Zhao , Tao Luo , Xiaoyi Zeng

LLM-based financial agents increasingly produce investment rationales before the outcomes needed to evaluate them are observable. This creates a delayed-ground-truth evaluation problem: realized returns remain the eventual arbiter of…

Artificial Intelligence · Computer Science 2026-05-05 Sidi Chang , Peiying Zhu , Yuxiao Chen

LLM-based agents can complete tasks correctly yet still frustrate users through poor interaction patterns, such as excessive confirmations, opaque reasoning, or misaligned pacing. Current benchmarks evaluate task accuracy but overlook how…

Human-Computer Interaction · Computer Science 2026-02-09 Jialin Li , Zhenhao Chen , Hanjun Luo , Hanan Salam

Negotiation is the basis of social interactions; humans negotiate everything from the price of cars to how to share common resources. With rapidly growing interest in using large language models (LLMs) to act as agents on behalf of human…

Artificial Intelligence · Computer Science 2024-02-14 Federico Bianchi , Patrick John Chia , Mert Yuksekgonul , Jacopo Tagliabue , Dan Jurafsky , James Zou

Proactive agents that anticipate user intentions without explicit prompts represent a significant evolution in human-AI interaction, promising to reduce cognitive load and streamline workflows. However, existing datasets suffer from two…

Human-Computer Interaction · Computer Science 2026-02-11 Yuanbo Tang , Huaze Tang , Tingyu Cao , Lam Nguyen , Anping Zhang , Xinwen Cao , Chunkang Liu , Wenbo Ding , Yang Li

Automated negotiation in complex, multi-party and multi-issue settings critically depends on accurate opponent modeling. However, conventional numerical-only approaches fail to capture the qualitative information embedded in natural…

Bilateral bargaining under incomplete information provides a controlled testbed for evaluating large language model (LLM) agent capabilities. Bilateral trade demands individual rationality, strategic surplus maximization, and cooperation to…

Computer Science and Game Theory · Computer Science 2026-04-21 Dirk Bergemann , Soheil Ghili , Xinyang Hu , Chuanhao Li , Zhuoran Yang

As large language models (LLMs) evolve from conversational assistants into autonomous agents, evaluating the safety of their actions becomes critical. Prior safety benchmarks have primarily focused on preventing generation of harmful…

Computation and Language · Computer Science 2026-03-04 Adi Simhi , Jonathan Herzig , Martin Tutek , Itay Itzhak , Idan Szpektor , Yonatan Belinkov

The recent advancement of Large Language Models (LLMs) has established their potential as autonomous interactive agents. However, they often struggle in strategic games of incomplete information, such as bilateral price negotiation. In this…

Artificial Intelligence · Computer Science 2026-04-14 Shuze Daniel Liu , Claire Chen , Jiabao Sean Xiao , Lei Lei , Yuheng Zhang , Yisong Yue , David Simchi-Levi
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