Game-theory behaviour of large language models: The case of Keynesian beauty contests

The growing adoption of large language models (LLMs) presents potential for deeper understanding of human behaviours within game theory frameworks. This paper examines strategic interactions among multiple types of LLM-based agents in a classical beauty contest game. LLM-based agents demonstrate var...

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Bibliographic Details
Main Author: Lu Siting Estee
Format: Article
Language:English
Published: Sciendo 2025-06-01
Series:Economics and Business Review
Subjects:
Online Access:https://doi.org/10.18559/ebr.2025.2.2182
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