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New Vendster arena reveals forecast bias impacts LLM negotiation outcomes

A new evaluation arena called Vendster has been developed to assess how the quality of forecasting tools impacts the negotiation behaviors of large language model (LLM) agents. The arena measures the effect of a forecaster's bias and prediction-interval width on buyer-vendor discount negotiations. Experiments using the Vendster-M5 instance with frontier models like Claude Opus-4.6 and GPT 5.6 "Sol" demonstrated that model-generated forecasts can increase sales target attainment by up to 17 percentage points, though standard accuracy metrics do not reliably predict negotiation outcomes. The study found that under-prediction bias significantly improves agent outcomes, while interval width has no significant effect. AI

IMPACT Highlights the importance of forecast bias and agent reactivity over raw accuracy for LLM agents in decision-making tasks.

RANK_REASON Research paper detailing a new evaluation arena and experimental findings. [lever_c_demoted from research: ic=1 ai=1.0]

Read on arXiv cs.AI →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

New Vendster arena reveals forecast bias impacts LLM negotiation outcomes

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Research paper detailing a new evaluation arena and experimental findings. [lever_c_demoted from research: ic=1 ai=1.0]
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COVERAGE [1]

  1. arXiv cs.AI TIER_1 English(EN) · Charin Polpanumas ·

    Vendster: An Evaluation Arena to Investigate How Forecasting Tool Quality Affects LLM Agent Behaviors in Buyer-Vendor Negotiation

    arXiv:2610.38292v1 Announce Type: cross Abstract: Time-series forecasters are ranked almost entirely by accuracy metrics, but a forecast's decision value, its effect on the downstream decision, need not track accuracy and is rarely measured. This problem compounds as large langua…