A User-friendly Toolkit and Illustrations
Large Language Models (LLMs) have the potential to profoundly transform and enrich experimental economic research. We propose a new software framework, ‘alter_ego’, which makes it easy to design experiments between LLMs and to integrate LLMs into oTree-based experiments with human subjects. Our toolkit is freely available at github.com/mrpg/ego. To illustrate, we run simple differently framed prisoner’s dilemmas with interacting machines as well as with human-machine interaction.