The study evaluates mentalization—the capacity to infer others’ beliefs and intentions—in large language models (LLMs) using two economic games and cognitive computational modeling. Researchers tested 2,099 LLM agents from four model families (DeepSeek, GPT‑4.1, GPT‑5, Gemini 2.0 Flash) against opponents of varying sophistication, comparing their performance to 251 human participants. Results show that LLMs exhibit distinct mentalizing behaviors that vary by model provider and size, with strategic prompting generally enhancing performance; notably, GPT‑5 agents adapt their recursive reasoning depth to match opponent sophistication, outperforming humans in one task.
By Aamir Sohail, Xintong Zhong, Arkady Konovalov, Patricia L. Lockwood, Lei Zhang
arXiv:2510. 10813v2 Announce Type: replace Abstract: Large Language Models (LLMs) are increasingly applied to domains that require reasoning about other agents' behavior, such as negotiation, policy design, and market simulation.
By Enric Junque de Fortuny, Veronica Roberta Cappelli
The paper investigates why large language models (LLMs) struggle in strategic decision-making under incomplete information. It identifies two key gaps: an observation‑belief gap where LLMs’ internal representations of game states are accurate but brittle, and a belief‑action gap where converting these internal beliefs into actions is weak, leading to suboptimal payoffs. Experiments with Llama 3.1, Qwen3, and gpt‑oss confirm that acting optimally on decoded beliefs would improve outcomes in most games, highlighting a bottleneck in belief‑to‑action conversion.
By Jan Sobotka, Mustafa O. Karabag, Ufuk Topcu
arXiv:2607. 09743v1 Announce Type: new Abstract: We investigate whether structured reasoning interventions improve the strategic economic reasoning of large language models, and whether their effects depend on model architecture.
By Pratyush Singh
arXiv:2605. 03217v2 Announce Type: replace Abstract: Large language models (LLMs) are increasingly deployed in settings that require nuanced ethical reasoning, yet existing bias evaluations treat model outputs as simply "biased" or "unbiased.
By Yash Aggarwal, Atmika Gorti, Vinija Jain, Aman Chadha, Krishnaprasad Thirunarayan, Manas Gaur
The paper investigates whether large language models (LLMs) possess intrinsic value systems and how to quantify and align them. By projecting responses from 106 LLMs and 95,000 human survey profiles into a shared sociological space, the authors confirm that LLMs do have values, though these values form a concentrated, idealized core rather than mirroring human diversity. They introduce the Prior-Environment-Cognition (PEC) framework to mathematically define value expression and propose an adaptive Alignment Prescription that identifies minimal interventions—ranging from prompts to targeted parameter updates—to steer LLM values efficiently without harming general performance.
By Keqing Zhang, Jingyu Chen, Yufan Liu, Yongqiang Zhu, Nai Ding, Lai Jiang, Congyan Lang, Bing Li, Weiming Hu