arXiv AI By Tianyou Wang, Chongyang Gao, Kezhen Chen, Chen Dong, Yinghao He, Donghan Li, Wangcheng Xu, Hongjiu Zhang, Chi Li

FM-Bench: A Benchmark for Long-Horizon Management with Competing Agents

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FM‑Bench is a new benchmark that tests large language model agents on long‑horizon decision making by having them run a football club for 20 in‑game years. The agent must manage a squad, trade players, negotiate contracts, invest in facilities and youth, set lineups, and respond to a board that can fire it, all using 26 tools and roughly 340–400 decision stops, with a deterministic engine producing a final score without human or LLM judges. The benchmark includes a solo track where each of 15 frontier models competes against a frozen scripted world, and an Arena track where the same models plus a scripted anchor share one 20‑year world, allowing the first head‑to‑head evaluation at this scale. whyItMatters":"FM‑Bench provides a rigorous, large‑scale test of sustained, cumulative decision‑making in language‑model agents, revealing that managerial strategy—not computational scale or vendor—drives performance over long horizons."

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