Can Large Language Models Anticipate Behavioral Responses to Social Policies? A Case of Pension Enrollment Prediction among China's Flexible Workers
Assessing the impacts of social policy changes is a widely acknowledged challenge for policymakers. Econometric methods can be unreliable when extrapolating to hypothetical scenarios, while field pilot programs are highly costly. In this paper, we propose using large language models (LLMs) as policy-assessment tools ad...