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Man vs. model – game theoretic insights on AI in auctions | with Vitali Gretschko

Game Changer - the game theory podcast

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AI and Auctions: Unraveling Dynamics with LLMs

This chapter examines the use of large language models (LLMs) in auction scenarios, highlighting their ability to mimic human decision-making and provide insights into auction dynamics. It also discusses the limitations of LLMs in complex situations and emphasizes the importance of human guidance in effectively leveraging AI for auction simulations.

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