most citedLLM economicus? Mapping the Behavioral Biases of LLMs via Utility Theory

3 citations · 3 across the 5 of their papers we have counts for

collaborators

5 papers

cs.AI2026

Why Better Models Can Create Riskier Systems: Evidence from LLM Agents in Financial Markets

Jillian Ross, Eric So, Zoe De Simone +2

Large language models (LLMs) are being deployed at scale in consequential real-world systems, from financial markets to content moderation to hiring. We show that improving individ…

cs.AI2026

Lost in Context: Addressing Context Anxiety in Large Language Models

Ifueko Igbinedion, Jillian Ross, Etienne Ricardez +2

Conventional wisdom suggests that reasoning models fail when problems exceed their capabilities. However, we find that frontier reasoning models sometimes possess the necessary cap…

cs.HC2026

Breaking Bad Financial Habits: How LLM Conversations Correct Financial Misconceptions

Jillian Ross, Eric So, Andrew W. Lo

Financial misconceptions carry direct economic costs, from panic selling to equity market avoidance, yet they are notoriously resistant to correction. Traditional financial literac…

cs.CL2026

One Size Fits None: Heuristic Collapse in LLM Investment Advice

Jillian Ross, Andrew W. Lo

Large language models are increasingly deployed as advisors in high-stakes domains -- answering medical questions, interpreting legal documents, recommending financial products --…

cs.CL2024★ 3 cited

LLM economicus? Mapping the Behavioral Biases of LLMs via Utility Theory

Jillian Ross, Yoon Kim, Andrew W. Lo

Humans are not homo economicus (i.e., rational economic beings). As humans, we exhibit systematic behavioral biases such as loss aversion, anchoring, framing, etc., which lead us t…