Welcome

The EconLLM lab, funded by the BLAIS challenge award, at Claremont Graduate University is exploring the utility of Large Language Models (LLMs) as computational models of human behavior. The motivation is twofold. First, through economic games and experiments, the lab’s efforts aim to elucidate the potential of LLM technology for economic research, piloting expensive economic experiments at low cost, and extending agent-based modeling. Secondly, the lab applies game theory methodology as a novel approach for evaluating LLMs, thus revealing latent preferences or behavioral traits of a variety of AI models that are being deployed in society.