Centralized matching mechanisms outperform free negotiation in stability and efficiency with LLM agents, who also report preferences truthfully more often than humans, though not always in line with strategy-proofness predictions.
The effectiveness of top-down advice in strategy-proof mechanisms: A field experiment.European Economic Review, 101:505–511, 2018
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Do Matching Mechanisms Work with LLM Agents?
Centralized matching mechanisms outperform free negotiation in stability and efficiency with LLM agents, who also report preferences truthfully more often than humans, though not always in line with strategy-proofness predictions.