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Game-playing ability serves as an indicator for evaluating the strategic reasoning capability of large language models (LLMs). While most existing studies rely on utility performance metrics, which are not robust enough due to variations in…

Artificial Intelligence · Computer Science 2025-08-19 Hongtao Liu , Zhicheng Du , Zihe Wang , Weiran Shen

A supervised ranking model, despite its advantage of being effective, usually involves complex processing - typically multiple stages of task-specific pre-training and fine-tuning. This has motivated researchers to explore simpler pipelines…

Information Retrieval · Computer Science 2024-10-08 Nilanjan Sinhababu , Andrew Parry , Debasis Ganguly , Debasis Samanta , Pabitra Mitra

Progress in LLMs is increasingly measured through standardized benchmarks, where state-of-the-art improvements are often separated by fractions of a percentage point. At the same time, the computational cost of evaluating modern LLMs has…

Machine Learning · Computer Science 2026-05-21 David Pape , Jonathan Evertz , Lea Schönherr

We conduct experiments with algorithmic pricing agents based on Large Language Models (LLMs). In oligopoly settings, LLM-based pricing agents quickly and autonomously reach supracompetitive prices and profits. Variation in seemingly…

General Economics · Economics 2026-03-09 Sara Fish , Yannai A. Gonczarowski , Ran I. Shorrer

This work focuses on leveraging and selecting from vast, unlabeled, open data to pre-fine-tune a pre-trained language model. The goal is to minimize the need for costly domain-specific data for subsequent fine-tuning while achieving desired…

Machine Learning · Computer Science 2024-05-07 Feiyang Kang , Hoang Anh Just , Yifan Sun , Himanshu Jahagirdar , Yuanzhi Zhang , Rongxing Du , Anit Kumar Sahu , Ruoxi Jia

LLM agents achieve strong performance on complex reasoning tasks but incur high latency and compute cost. In practice, many queries fall within the capability boundary of cutting-edge LLMs and do not require full agent execution, making…

Computation and Language · Computer Science 2026-05-11 Yimin Wang , Jiahao Qiu , Xuan Qi , Xinzhe Juan , Jingzhe Shi , Zelin Zhao , Hongru Wang , Shilong Liu , Mengdi Wang

Web agents enable users to perform tasks on web browsers through natural language interaction. Evaluating web agents trajectories is an important problem, since it helps us determine whether the agent successfully completed the tasks.…

Large Language Models (LLMs) have shown remarkable performance across diverse tasks without domain-specific training, fueling interest in their potential for time-series forecasting. While LLMs have shown potential in zero-shot forecasting…

Machine Learning · Computer Science 2025-06-03 Junwoo Park , Hyuck Lee , Dohyun Lee , Daehoon Gwak , Jaegul Choo

As LLMs continuously evolve, there is an urgent need for a reliable evaluation method that delivers trustworthy results promptly. Currently, static benchmarks suffer from inflexibility and unreliability, leading users to prefer human voting…

Computation and Language · Computer Science 2024-10-08 Ruochen Zhao , Wenxuan Zhang , Yew Ken Chia , Weiwen Xu , Deli Zhao , Lidong Bing

LLMs are being set loose in complex, real-world environments involving sequential decision-making and tool use. Often, this involves making choices on behalf of human users. However, not much is known about the distribution of such choices,…

Artificial Intelligence · Computer Science 2025-05-20 Manuel Cherep , Pattie Maes , Nikhil Singh

The deployment of Large Language Models (LLMs) in interactive systems necessitates a deep alignment with the nuanced and dynamic preferences of individual users. Current alignment techniques predominantly address universal human values or…

Computation and Language · Computer Science 2025-12-18 Xiaotian Zhang , Yuan Wang , Ruizhe Chen , Zeya Wang , Runchen Hou , Zuozhu Liu

Tool-calling is essential for Large Language Model (LLM) agents to complete real-world tasks. While most existing benchmarks assume simple, perfectly documented tools, real-world tools (e.g., general "search" APIs) are often opaque, lacking…

Computation and Language · Computer Science 2026-02-18 Skyler Hallinan , Thejas Venkatesh , Xiang Ren , Sai Praneeth Karimireddy , Ashwin Paranjape , Yuhao Zhang , Jack Hessel

We introduce LemonadeBench v0.5, a minimal benchmark for evaluating economic intuition, long-term planning, and decision-making under uncertainty in large language models (LLMs) through a simulated lemonade stand business. Models must…

General Finance · Quantitative Finance 2026-02-18 Aidan Vyas

A common problem for agents operating in real-world environments is that the response of an environment to their actions may be non-deterministic and observed through noise. This renders environmental state and progress towards completing a…

Artificial Intelligence · Computer Science 2024-05-21 William E Bishop , Alice Li , Christopher Rawles , Oriana Riva

Prompt-based learning is susceptible to intrinsic bias present in pre-trained language models (LMs), leading to sub-optimal performance in prompt-based zero/few-shot settings. In this work, we propose a null-input prompting method to…

Computation and Language · Computer Science 2024-10-08 Kang He , Yinghan Long , Kaushik Roy

We propose a personal-LLM exchange (LLM-X), a scalable negotiation-oriented environment that enables direct, structured communication across populations of personal agents (LLMs), each representing an individual user. Unlike existing…

Artificial Intelligence · Computer Science 2026-05-13 Giuliano Lorenzoni , Paulo Alencar , Donald Cowan

Financial risk prediction plays a crucial role in the financial sector. Machine learning methods have been widely applied for automatically detecting potential risks and thus saving the cost of labor. However, the development in this field…

Risk Management · Quantitative Finance 2023-08-02 Yuwei Yin , Yazheng Yang , Jian Yang , Qi Liu

As the sociological theory of homophily suggests, people tend to interact with those of similar preferences. Motivated by this well-established phenomenon, today's online sellers, such as Amazon,~seek~to learn a new buyer's private…

Computer Science and Game Theory · Computer Science 2026-03-30 Qinqi Lin , Lingjie Duan , Jianwei Huang

Large language models (LLMs) are increasingly used to simulate human decision-making, but their intrinsic biases often diverge from real human behavior--limiting their ability to reflect population-level diversity. We address this challenge…

Computer Science and Game Theory · Computer Science 2025-08-27 Ayato Kitadai , Yusuke Fukasawa , Nariaki Nishino

Consistently scaling pre-trained language models (PLMs) imposes substantial burdens on model adaptation, necessitating more efficient alternatives to conventional fine-tuning. Given the advantage of prompting in the zero-shot setting and…

Computation and Language · Computer Science 2023-06-01 Yulin Chen , Ning Ding , Xiaobin Wang , Shengding Hu , Hai-Tao Zheng , Zhiyuan Liu , Pengjun Xie
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