5 papers
When Agents Lie: Premeditation, Persistence, and Exploitation in Repeated Games
Jerick Shi, Terry Jingcheng Zhang, Bernhard Schölkopf +2
As large language models are deployed as autonomous agents that communicate intentions before acting, a critical safety question is whether agents that publicly commit to actions w…
From Sycophancy to Deception: A Unified Taxonomy for LLM Spontaneous Misalignment
Jerick Shi, Terry Jingcheng Zhang, Zhijing Jin +1
Large language models (LLMs) could produce systematically misaligned output, from hallucinated citations to strategic deception of evaluators, yet these phenomena are studied by se…
Cheap Talk, Empty Promise: Frontier LLMs easily break public promises for self-interest
Jerick Shi, Terry Jingcheng Zhang, Zhijing Jin +1
Large language models are increasingly deployed as autonomous agents in multi-agent settings where they communicate intentions and take consequential actions with limited human ove…
Market-Dependent Communication in Multi-Agent Alpha Generation
Jerick Shi, Burton Hollifield
Multi-strategy hedge funds face a fundamental organizational choice: should analysts generating trading strategies communicate, and if so, how? We investigate this using 5-agent LL…
Predictive Power of LLMs in Financial Markets
Jerick Shi, Burton Hollifield
Predicting the movement of the stock market and other assets has been valuable over the past few decades. Knowing how the value of a certain sector market may move in the future pr…