The Economics of Language: How Large Language Models Can Reshape Behavioural Economics - Hardcover

Capraro, Valerio

9781009733045: The Economics of Language: How Large Language Models Can Reshape Behavioural Economics

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ISBN 10: 1009733044 ISBN 13: 9781009733045

Verlag: Cambridge University Press, 2026

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Human behaviour is shaped by words, not just payoffs. Large language models now let us measure their impact.

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�ber die Autorin bzw. den Autor

Valerio Capraro is a professor in the Department of Psychology at the University of Milan Bicocca. He holds a Ph.D. in mathematics and studies human behaviour by combining mathematical modelling, human experiments, and numerical simulations. His research has been published in leading academic journals and featured in international news outlets.

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Verlag: Cambridge University Press
Erscheinungsdatum: 2026
Sprache: Englisch
ISBN 10: 1009733044
ISBN 13: 9781009733045
Einband: Gebundene Ausgabe
Anzahl der Seiten: 376
Kontakt zum Hersteller: Cambridge University Press
https://www.cambridge.org/

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9781009733069: The Economics of Language: How Large Language Models Can Reshape Behavioural Economics

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Economics Of Language: How Large Language Models Can Reshape Behavioural Economics

Capraro, Valerio (Universita Degli Studi Di Milano-Bicocca)

Verlag: Cambridge University Press, 2026

ISBN 10: 1009733044 ISBN 13: 9781009733045

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The Economics of Language (Hardcover)

Valerio Capraro

Verlag: Cambridge University Press, Cambridge, 2026

ISBN 10: 1009733044 ISBN 13: 9781009733045

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Hardcover. Zustand: new. Hardcover. The development of artificial intelligence and machine learning is leading to a revolution in the way we think about economic decisions. The Economics of Language explores how the use of generative AI and large language models (LLMs) can transform the way we think about economic behaviour. It introduces the LENS framework (Linguistic content triggers Emotions and suggests Norms, which shape Strategy choice) and presents empirical evidence that LLMs can predict human behaviour in economic games more accurately than traditional outcome-based models. It draws on years of research to provide a step-by-step development of the theory, combining accessible examples with formal modelling. Offering a roadmap for future research at the intersection of economics, psychology, and AI, this book equips readers with tools to quantify the role of language in decision-making and redefines how we think about utility, rationality, and human choice. This book redefines behavioural economics by showing how language shapes decision-making, and how large language models allow us to measure it. Ideal for Master's and Ph.D. students, it also appeals to economists, psychologists, and computer scientists interested in the intersection of language, AI, and human behaviour. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verk�ufers 9781009733045

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The Economics of Language: How Large Language Models Can Reshape Behavioural Economics

Capraro, Valerio

Verlag: Cambridge University Press, 2026

ISBN 10: 1009733044 ISBN 13: 9781009733045

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The Economics of Language (Hardcover)

Valerio Capraro

Verlag: Cambridge University Press, Cambridge, 2026

ISBN 10: 1009733044 ISBN 13: 9781009733045

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Hardcover. Zustand: new. Hardcover. The development of artificial intelligence and machine learning is leading to a revolution in the way we think about economic decisions. The Economics of Language explores how the use of generative AI and large language models (LLMs) can transform the way we think about economic behaviour. It introduces the LENS framework (Linguistic content triggers Emotions and suggests Norms, which shape Strategy choice) and presents empirical evidence that LLMs can predict human behaviour in economic games more accurately than traditional outcome-based models. It draws on years of research to provide a step-by-step development of the theory, combining accessible examples with formal modelling. Offering a roadmap for future research at the intersection of economics, psychology, and AI, this book equips readers with tools to quantify the role of language in decision-making and redefines how we think about utility, rationality, and human choice. This book redefines behavioural economics by showing how language shapes decision-making, and how large language models allow us to measure it. Ideal for Master's and Ph.D. students, it also appeals to economists, psychologists, and computer scientists interested in the intersection of language, AI, and human behaviour. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Bestandsnummer des Verk�ufers 9781009733045

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