ENTITY labour-market field experiment

labour-market field experiment

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RESEARCH · CL_342013 · Nov 3 · 19:47

Decision Models outperform LLMs in economic simulations, offering faster, cheaper human surrogates · 2 sources tracked

A new class of AI models called Decision Models (DMs) has been evaluated as surrogates for humans in economic simulations and surveys. These DMs demonstrated faster response times and lower costs compared to large-langu…

Decision Models outperform LLMs in economic simulations, offering faster, cheaper human surrogates · 2 sources tracked