Do Large Language Models Show Decision Heuristics Similar to Humans? A Case Study Using GPT-3.5

Understand

A Large Language Model (LLM) is an artificial intelligence system that has been trained on vast amounts of natural language data, enabling it to generate human-like responses to written or spoken language input.

• GPT-3.5 is an example of an LLM that supports a conversational agent called ChatGPT.
• In this work, we used a series of novel prompts to determine whether ChatGPT shows heuristics, biases, and other decision effects.
• We also tested the same prompts on human participants.