{"id":"https://openalex.org/W4363609855","doi":"https://doi.org/10.2139/ssrn.4413859","title":"Large Language Models as Simulated Economic Agents: What Can We Learn from Homo Silicus?","display_name":"Large Language Models as Simulated Economic Agents: What Can We Learn from Homo Silicus?","publication_year":2023,"publication_date":"2023-01-01","ids":{"openalex":"https://openalex.org/W4363609855","doi":"https://doi.org/10.2139/ssrn.4413859"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.4413859","doi":"https://doi.org/10.2139/ssrn.4413859","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4413859","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.4413859","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5077125314","display_name":"John Joseph Horton","orcid":"https://orcid.org/0000-0001-5426-0156","observed_orcids":["https://orcid.org/0000-0001-5426-0156"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]},{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"John J. Horton","raw_affiliation_strings":["Massachusetts Institute of Technology (MIT), 77 Massachusetts Avenue, 50 Memorial Drive, Cambridge, MA 02139-4307, United States","National Bureau of Economic Research (NBER)","New York University (NYU) - Department of Information, Operations, and Management Sciences"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Massachusetts Institute of Technology (MIT), 77 Massachusetts Avenue, 50 Memorial Drive, Cambridge, MA 02139-4307, United States","institution_ids":["https://openalex.org/I63966007"]},{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"New York University (NYU) - Department of Information, Operations, and Management Sciences","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Apostolos Filippas","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Apostolos Filippas","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5012908746","display_name":"Benjamin S. Manning","orcid":"https://orcid.org/0009-0000-9977-2390","observed_orcids":["https://orcid.org/0009-0000-9977-2390"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Benjamin Manning","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5077125314"],"corresponding_institution_ids":["https://openalex.org/I1321305853","https://openalex.org/I57206974","https://openalex.org/I63966007"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.5810999870300293,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.5810999870300293,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.13609999418258667,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10456","display_name":"Multi-Agent Systems and Negotiation","score":0.05420000106096268,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/large-language-models","display_name":"large language models","score":0.996999979019165},{"id":"https://openalex.org/keywords/homo-economicus","display_name":"homo economicus","score":0.8479999899864197},{"id":"https://openalex.org/keywords/agent-based-modeling","display_name":"agent-based modeling","score":0.5699999928474426},{"id":"https://openalex.org/keywords/behavioral-economics","display_name":"behavioral economics","score":0.5049999952316284},{"id":"https://openalex.org/keywords/preference-elicitation","display_name":"preference elicitation","score":0.5299999713897705},{"id":"https://openalex.org/keywords/endowment-effect","display_name":"endowment effect","score":0.4359999895095825}],"concepts":[{"id":"https://openalex.org/C137293760","wikidata":"https://www.wikidata.org/wiki/Q3621696","display_name":"Language model","level":2,"score":0.4469456374645233},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4113468527793884},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3680141568183899},{"id":"https://openalex.org/C2522767166","wikidata":"https://www.wikidata.org/wiki/Q2374463","display_name":"Data science","level":1,"score":0.3355964422225952},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.33431389927864075}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.4413859","doi":"https://doi.org/10.2139/ssrn.4413859","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4413859","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4413859","doi":"https://doi.org/10.2139/ssrn.4413859","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4413859","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W1523079103","https://openalex.org/W1599449303","https://openalex.org/W1969644422","https://openalex.org/W1977578104","https://openalex.org/W1990969594","https://openalex.org/W2089608214","https://openalex.org/W2146701609","https://openalex.org/W2160865033","https://openalex.org/W2911430044","https://openalex.org/W2943256554","https://openalex.org/W3122487804","https://openalex.org/W3123190515","https://openalex.org/W3124878131","https://openalex.org/W3133702157","https://openalex.org/W4321455981","https://openalex.org/W4361855702","https://openalex.org/W4382239349"],"related_works":["https://openalex.org/W7222058847","https://openalex.org/W7221481141","https://openalex.org/W4401106950","https://openalex.org/W7166849855","https://openalex.org/W4404312177","https://openalex.org/W4417516994","https://openalex.org/W6966912154","https://openalex.org/W4411272807","https://openalex.org/W4409722414","https://openalex.org/W4402775298"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3}],"updated_date":"2026-10-17T09:40:24.721904","created_date":"2023-04-11T00:00:00"}