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.
Can AI with high reasoning ability replicate human-like decision making in economic experiments?Group Decision and Negotiation, 34(6):1303–1326, 2025
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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.