paper-with-me

Papers

LLMs as Strategic Agents: Beliefs, Best Response Behavior, and Emergent Heuristics

2025-10-12 · Enric Junque de Fortuny, Veronica Roberta Cappelli arxiv

Large Language Models (LLMs) are increasingly applied to domains that require reasoning about other agents' behavior, such as negotiation, policy design, and market simulation, yet existing research has mostly evaluated their adherence to equilibrium play or their exhibited depth of reasoning. Whether they display genuine strategic thinking, understood as the coherent formation of beliefs about other agents, evaluation of possible actions, and choice based on those beliefs, remains unexplored. We develop a framework to identify this ability by disentangling beliefs, evaluation, and choice in static, complete-information games, and apply it across a series of non-cooperative environments. By jointly analyzing models' revealed choices and reasoning traces, and introducing a new context-free game to rule out imitation from memorization, we show that current frontier models exhibit belief-coherent best-response behavior at targeted reasoning depths. When unconstrained, they self-limit their depth of reasoning and form differentiated conjectures about human and synthetic opponents, revealing an emergent form of meta-reasoning. Under increasing complexity, explicit recursion gives way to internally generated heuristic rules of choice that are stable, model-specific, and distinct from known human biases. These findings indicate that belief coherence, meta-reasoning, and novel heuristic formation can emerge jointly from language modeling objectives, providing a structured basis for the study of strategic cognition in artificial agents.

📄 PDF Abstract BibTeX arXiv:2510.10813

Code (0)

등록된 구현이 없습니다.

Similar Papers 제목 키워드 기반

K-Level Reasoning: Establishing Higher Order Beliefs in Large Language Models for Strategic Reasoning

2024-02-02 · Yadong Zhang, Shaoguang Mao, Tao Ge, Xun Wang 외

Strategic reasoning is a complex yet essential capability for intelligent agents. It requires Large Language Model (LLM) agents to adapt their strategies dynamically in multi-agent environments. Unlike static reasoning t…

Decision MakingLanguage ModellingLarge Language Model

Scoring Auctions with Coarse Beliefs

2024-10-08 · Joseph Feffer

This paper studies a simplicity notion in a mechanism design setting in which agents do not necessarily share a common prior. I develop a model in which agents participate in a prior-free game of (coarse) information acq…

Higher-Order Belief in Incomplete Information MAIDs

2025-03-08 · Jack Foxabbott, Rohan Subramani, Francis Rhys Ward

Multi-agent influence diagrams (MAIDs) are probabilistic graphical models which represent strategic interactions between agents. MAIDs are equivalent to extensive form games (EFGs) but have a more compact and informative…

AI Agent

Biased-Belief Equilibrium

2020-06-27

We investigate how distorted, yet structured, beliefs can persist in strategic situations. Specifically, we study two-player games in which each player is endowed with a biased-belief function that represents the discrep…

Strategic Type Spaces

2026-06-06 · Olivier Gossner, Rafael Veiel arxiv

We provide a strategic foundation for information: in any given game with incomplete information we define strategic quotients as information representations that are sufficient for players to compute best-responses to o…