LLMs encode accurate but brittle internal beliefs about latent game states and convert them poorly into actions, creating systematic gaps that explain strategic failures.
Strategic behavior of large language models and the role of game structure versus contextual framing
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BLAST combines LLM agents with blockchain for decentralized spectrum trading, where Vickrey auctions achieve up to 71% of theoretical social welfare surplus and outperform non-LLM baselines in competition and efficiency.
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Why Do LLMs Struggle in Strategic Play? Broken Links Between Observations, Beliefs, and Actions
LLMs encode accurate but brittle internal beliefs about latent game states and convert them poorly into actions, creating systematic gaps that explain strategic failures.
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BLAST: Blockchain-based LLM-powered Agentic Spectrum Trading
BLAST combines LLM agents with blockchain for decentralized spectrum trading, where Vickrey auctions achieve up to 71% of theoretical social welfare surplus and outperform non-LLM baselines in competition and efficiency.