Game-theory behaviour of large language models: The case of Keynesian beauty contests

The growing adoption of large language models (LLMs) pre-sents potential for deeper understanding of human behav-iours within game theory frameworks. This paper examinesstrategic interactions among multiple types of LLM-basedagents in a classical beauty contest game. LLM-based agentsdemonstrate vary...

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Vydané v:	Economics and business review Ročník 11; číslo 2; s. 119 - 148
Hlavný autor:	Estee Lu, Siting
Médium:	Journal Article
Jazyk:	English
Vydavateľské údaje:	Poznan Poznań University of Economics and Business Press 01.06.2025 Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu Sciendo Poznan University of Economics
Predmet:	Algorithms Beauty contests Behavior C63 C70 C90 Competition Decision making economic games Experiments Game theory Human subjects ICT Information and Communications Technologies Keynesian theory Large language models Simulation Social research Social sciences Socio-Economic Research strategic interactions strategic interactions economic games large language models
ISSN:	2392-1641, 2450-0097
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