AINeutralarXiv – CS AI · 7h ago6/10
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Simulating Macroeconomic Expectations in Survey Experiments with LLM-based Economic Agents
Researchers have developed a framework using LLM-based economic agents to simulate macroeconomic expectations in survey experiments, demonstrating that these AI agents can generate expectation distributions comparable to human survey data. The framework successfully captures human-like reasoning patterns when equipped with personal characteristics, prior beliefs, and external information, offering potential applications for economic modeling and expectation formation research.