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SSRN 4606937 by mohammedsamiullah275 is a document available to read on EtoBox.

What is SSRN 4606937 about?

This document discusses the integration of large language models (LLMs) in macroeconomic simulations to enhance agent-based modeling. It addresses challenges in traditional macroeconomic modeling, such as agent heterogeneity and the influence of macroeconomic trends, by employing LLMs to create agents capable of human-like decision-making. The results indicate that LLM-empowered agents can produce more realistic economic behaviors and phenomena compared to existing models.

Author

mohammedsamiullah275

Language

EN