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This study explores the potential of large language models (LLMs) to conduct market experiments, aiming to understand their capability to comprehend competitive market dynamics. We model the behavior of market agents in a controlled…

人机交互 · 计算机科学 2024-11-04 Jingru Jia , Zehua Yuan

Economic experiments offer a controlled setting for researchers to observe human decision-making and test diverse theories and hypotheses; however, substantial costs and efforts are incurred to gather many individuals as experimental…

计算机科学与博弈论 · 计算机科学 2025-09-22 Ayato Kitadai , Sinndy Dayana Rico Lugo , Yudai Tsurusaki , Yusuke Fukasawa , Nariaki Nishino

Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the cognitive psychology and experimental…

综合经济学 · 经济学 2026-02-11 Pietro Bini , Lin William Cong , Xing Huang , Lawrence J. Jin

This paper explores the potential of large language models (LLMs) as reliable analytical tools in linguistic research, focusing on the emergence of affective meanings in temporal expressions involving manner-of-motion verbs. While LLMs like…

计算与语言 · 计算机科学 2025-07-15 Rosa Illan Castillo , Javier Valenzuela

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…

计算与语言 · 计算机科学 2024-12-18 Amir Taubenfeld , Yaniv Dover , Roi Reichart , Ariel Goldstein

This paper explores how Large Language Models (LLMs) behave in a classic experimental finance paradigm widely known for eliciting bubbles and crashes in human participants. We adapt an established trading design, where traders buy and sell…

交易与市场微观结构 · 定量金融 2025-10-14 Thomas Henning , Siddhartha M. Ojha , Ross Spoon , Jiatong Han , Colin F. Camerer

Artificial Intelligence (AI) is increasingly being integrated into scientific research, particularly in the social sciences, where understanding human behavior is critical. Large Language Models (LLMs) have shown promise in replicating…

计算与语言 · 计算机科学 2025-06-23 Ziyan Cui , Ning Li , Huaikang Zhou

When Artificial Intelligence (AI) is used to replace consumers (e.g., synthetic data), it is often assumed that AI emulates established consumers, and more generally human behaviors. Ten experiments with Large Language Models (LLMs)…

In this study, we propose LLM agents as a novel approach in behavioral strategy research, complementing simulations and laboratory experiments to advance our understanding of cognitive processes in decision-making. Specifically, we…

综合经济学 · 经济学 2024-10-10 Daniel Albert , Stephan Billinger

As Large Language Models (LLMs) advance in their capabilities, researchers have increasingly employed them for social simulation. In this paper, we investigate whether interactions among LLM agents resemble those of humans. Specifically, we…

计算与语言 · 计算机科学 2025-01-28 Naihao Deng , Rada Mihalcea

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…

交易与市场微观结构 · 定量金融 2026-04-30 Maxime Saxena , Marco Pangallo , Cars Hommes , Fabio Caccioli , R. Maria del Rio-Chanona

With the rapid advancement of Large Language Models (LLMs), recent studies have drawn attention to their potential for handling not only simple question-answer tasks but also more complex conversational abilities and performing human-like…

人工智能 · 计算机科学 2025-11-25 Mingyu Jeon , Jaeyoung Suh , Suwan Cho , Dohyeon Kim

The ability of Large Language Models (LLMs) to mimic human behavior triggered a plethora of computational social science research, assuming that empirical studies of humans can be conducted with AI agents instead. Since there have been…

计算与语言 · 计算机科学 2025-10-21 Simon Münker , Nils Schwager , Achim Rettinger

Cognitive biases often shape human decisions. While large language models (LLMs) have been shown to reproduce well-known biases, a more critical question is whether LLMs can predict biases at the individual level and emulate the dynamics of…

人工智能 · 计算机科学 2026-02-27 Stephen Pilli , Vivek Nallur

Large Language Model (LLM) agents have been increasingly adopted as simulation tools to model humans in social science and role-playing applications. However, one fundamental question remains: can LLM agents really simulate human behavior?…

Large language models (LLMs) are increasingly used to simulate human responses in behavioral research, yet it remains unclear when LLM-generated data support the same experimental inferences as human data. We evaluate this by directly…

人机交互 · 计算机科学 2026-04-20 Adnan Hoq , Tim Weninger

This paper delves into the dynamic landscape of artificial intelligence, specifically focusing on the burgeoning prominence of large language models (LLMs). We underscore the pivotal role of Reinforcement Learning from Human Feedback (RLHF)…

计算机与社会 · 计算机科学 2024-03-18 Dana Alsagheer , Rabimba Karanjai , Nour Diallo , Weidong Shi , Yang Lu , Suha Beydoun , Qiaoning Zhang

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…

计算机科学与博弈论 · 计算机科学 2025-08-27 Ayato Kitadai , Yusuke Fukasawa , Nariaki Nishino

Large Language Models (LLMs) are already as persuasive as humans. However, we know very little about how they do it. This paper investigates the persuasion strategies of LLMs, comparing them with human-generated arguments. Using a dataset…

计算与语言 · 计算机科学 2024-04-23 Carlos Carrasco-Farre

Large language models (LLMs) are increasingly used to model human social behavior, with recent research exploring their ability to simulate social dynamics. Here, we test whether LLMs mirror human behavior in social dilemmas, where…

社会与信息网络 · 计算机科学 2024-11-18 Jin Han , Balaraju Battu , Ivan Romić , Talal Rahwan , Petter Holme
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