2 papers
econ.EM2026
How Well Do LLMs Predict Human Behavior? A Measure of their Pretrained Knowledge
Wayne Gao, Sukjin Han, Annie Liang
Large language models (LLMs) are increasingly used to predict human behavior. We propose a measure for evaluating how much knowledge a pretrained LLM brings to such a prediction: i…
econ.TH2025
Using Machine Learning to Generate, Clarify, and Improve Economic Models
Annie Liang
Machine learning algorithms can now outperform classic economic models in predicting quantities ranging from bargaining outcomes, to choice under uncertainty, to an individual's fu…