Results 81 to 90 of about 319,546 (186)

Applying Experimental Economics to Obesity in the Family Household [PDF]

open access: green, 2008
Mariah D. Ehmke   +3 more
openalex   +1 more source

Externalities and common pool licenses: An experimental study of managing differing natural resource uses

open access: yesAgricultural and Resource Economics Review
In this paper, I discuss dual collective action problems in which a resource pool has simultaneous common pool and public good aspects in its usage, such as hunting (consumption) and conservation of wildlife.
Thomas J. Frye
doaj   +1 more source

Scaling Laws for Economic Productivity: Experimental Evidence in LLM-Assisted Translation [PDF]

open access: yesarXiv
This paper derives "scaling laws"--empirical relationships between the training compute of Large Language Models (LLMs) and their performance--for economic outcomes. In a preregistered online experiment, 300 professional translators completed 1,800 tasks using one of 13 LLMs (or a control).
arxiv  

Investigating Tax Evasion Emergence Using Dual Large Language Model and Deep Reinforcement Learning Powered Agent-based Simulation [PDF]

open access: yesarXiv
Tax evasion, usually the largest component of an informal economy, is a persistent challenge over history with significant socio-economic implications. Many socio-economic studies investigate its dynamics, including influencing factors, the role and influence of taxation policies, and the prediction of the tax evasion volume over time.
arxiv  

Can LLMs Replace Economic Choice Prediction Labs? The Case of Language-based Persuasion Games [PDF]

open access: yesarXiv
Human choice prediction in economic contexts is crucial for applications in marketing, finance, public policy, and more. This task, however, is often constrained by the difficulties in acquiring human choice data. With most experimental economics studies focusing on simple choice settings, the AI community has explored whether LLMs can substitute for ...
arxiv  

An Experimental Study of Competitive Market Behavior Through LLMs [PDF]

open access: yesarXiv
This study explores the potential of large language models (LLMs) to conduct market experiments, aiming to understand their capability to comprehend competitive market dynamics. We model the behavior of market agents in a controlled experimental setting, assessing their ability to converge toward competitive equilibria.
arxiv  

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