Examining LLMs in Economic Settings

Humans are not homo economicus (i.e., rational economic beings). We exhibit systematic behavioral biases such as loss aversion, anchoring, framing, etc., which lead us to make suboptimal economic decisions. Insofar as such biases may embedded in text data on which large language models (LLMs) are tr...

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Bibliographic Details
Main Author: Ross, Jillian A.
Other Authors: Lo, Andrew W.
Format: Thesis
Published: Massachusetts Institute of Technology 2024
Online Access:https://hdl.handle.net/1721.1/156339