LLM-SAA: LLM-persona Generated Distributions for Decision-making

arXiv:2602.06357v2 Announce Type: replace Abstract: LLMs can generate a wealth of data, ranging from simulated personas imitating human valuations and preferences, to demand forecasts based on world knowledge. But how well do such LLM-generated distributions support downstream decision-making? For example, when pricing a new product, a firm could prompt an LLM to simulate how much consumers are willing to pay based on a product description, but how useful is the resulting distribution for optimizing the price? We refer to this approach as LLM-SAA, in which an LLM is used to construct an estima

Source: arXiv cs.LG — read the full report at the original publisher.

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