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Competitive Market Behavior of LLMs

Struski, Pawel et al.
arXiv (All) · Papers
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artificial-intelligenceeconomicsgeneral-economicsmultiagent-systems
Large language models (LLMs) are increasingly deployed as economic agents, yet there is little evidence whether LLM agents are suited for participating in market mechanisms designed for humans, and whether these mechanisms deliver desired outcomes when faced with LLM agents. We address this question
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