AIBearisharXiv – CS AI · 10h ago7/10
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Rethinking Prospect Theory for LLMs: Revealing the Instability of Decision-Making under Epistemic Uncertainty
Researchers challenge the applicability of Prospect Theory to Large Language Models, finding that PT parameters are unstable when models encounter epistemic uncertainty markers like "likely" or "probably." The study warns against deploying PT-based frameworks in real-world applications where linguistic ambiguity is common, raising critical questions about LLM decision-making reliability.