K-Level Reasoning with Large Language Models
While Large Language Models (LLMs) have demonstrated their proficiency in
complex reasoning tasks, their performance in dynamic, interactive, and
competitive scenarios - such as business strategy and stock market analysis -
remains underexplored. To bridge this gap, we formally explore the dynamic
reasoning capabilities of LLMs for decision-making in rapidly evolving
environments. We introduce two game theory-based pilot challenges that mirror
the complexities of real-world dynamic decision-making. These challenges are
well-defined, enabling clear, controllable, and precise evaluation of LLMs'
dynamic reasoning abilities. Through extensive experiments, we find that
existing reasoning methods tend to falter in dynamic settings that require
k-level thinking - a key concept not tackled by previous works. To address
this, we propose a novel reasoning approach for LLMs, named "K-Level
Reasoning". This approach adopts the perspective of rivals to recursively
employ k-level thinking based on available historical information, which
significantly improves the prediction accuracy of rivals' subsequent moves and
informs more strategic decision-making. This research not only sets a robust
quantitative benchmark for the assessment of dynamic reasoning but also
markedly enhances the proficiency of LLMs in dynamic contexts.
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Yadong Zhang
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Shaoguang Mao
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2024-02-05T03:28:41.220Z
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Shaoguang Mao
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Tao Ge
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Tao Ge
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Xun Wang
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Yan Xia
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Man Lan
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Furu Wei
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2024-02-05T12:01:23.100Z
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Furu Wei
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K-Level Reasoning with Large Language Models
While Large Language Models (LLMs) have demonstrated their proficiency in
complex reasoning tasks, their performance in dynamic, interactive, and
competitive scenarios - such as business strategy and stock market analysis -
remains underexplored. To bridge this gap, we formally explore the dynamic
reasoning capabilities of LLMs for decision-making in rapidly evolving
environments. We introduce two game theory-based pilot challenges that mirror
the complexities of real-world dynamic decision-making. These challenges are
well-defined, enabling clear, controllable, and precise evaluation of LLMs'
dynamic reasoning abilities. Through extensive experiments, we find that
existing reasoning methods tend to falter in dynamic settings that require
k-level thinking - a key concept not tackled by previous works. To address
this, we propose a novel reasoning approach for LLMs, named "K-Level
Reasoning". This approach adopts the perspective of rivals to recursively
employ k-level thinking based on available historical information, which
significantly improves the prediction accuracy of rivals' subsequent moves and
informs more strategic decision-making. This research not only sets a robust
quantitative benchmark for the assessment of dynamic reasoning but also
markedly enhances the proficiency of LLMs in dynamic contexts.
Research introduces "K-Level Reasoning" to enhance LLM performance in dynamic, interactive scenarios using game theory-based challenges and recursive k-level thinking.
Large Language Models LLMs dynamic reasoning interactive scenarios game theory k-level thinking K-Level Reasoning rivals prediction accuracy strategic decision-making