@blue-science.bsky.social
Just discovered this recent paper on social preferences. 3 interesting lessons :
The Fundamental Properties, Stability and Predictive Power of Distributional Preferences
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy...
www.iza.org
June 12, 2025 at 10:12 AM
Just discovered this recent paper on social preferences. 3 interesting lessons :
I am still both puzzled and fascinated by this type of research. But is the ultimate goal to use LLM as substitutes for human agents or to study LLM behavior for their own sake (or both) ?
Shu Wang, Zijun Yao, Shuhuai Zhang, Jianuo Gai, Tracy Xiao Liu, Songfa Zhong: When Experimental Economics Meets Large Language Models: Tactics with Evidence https://arxiv.org/abs/2505.21371 https://arxiv.org/pdf/2505.21371 https://arxiv.org/html/2505.21371
June 11, 2025 at 10:00 PM
I am still both puzzled and fascinated by this type of research. But is the ultimate goal to use LLM as substitutes for human agents or to study LLM behavior for their own sake (or both) ?
Even more since top economic journal started to encourage this good practice !
Wow.
Look at how rapidly preregistration has become the norm in experimental economics.
Look at how rapidly preregistration has become the norm in experimental economics.
June 11, 2025 at 2:24 PM
Even more since top economic journal started to encourage this good practice !