Open access
Jul 2026
Simulating strategic interactions with AI agents
This article introduces a framework for designing and running simulated experiments with LLM‐powered agents and applies the framework to the exploration–exploitation dilemma and shows that LLM‐based experiments reproduce patterns observed among human participants.
Matteo Tranchero, Cecil-Francis Brenninkmeijer, Arul Murugan et al.
· Strategic Management Journal · 0 citations