Demographic-only LLM agents for retirement survey prediction exhibit central tendency bias, fail to reproduce incorrect or 'don't know' answers, and miss factor interactions in regressions, unlike survey-anchored agents.
Journal of Population Ageing4(1), 97–117 (2011)
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From Demographics to Survey Anchors: Evaluating LLM Agents for Modeling Retirement Attitudes
Demographic-only LLM agents for retirement survey prediction exhibit central tendency bias, fail to reproduce incorrect or 'don't know' answers, and miss factor interactions in regressions, unlike survey-anchored agents.