Paper Models Strategic Crowding and Firm Repositioning in Language-Model Space
uct · hf · 2026-11-06
A new paper, Information Games: Strategic Crowding and Firm Repositioning in Language-Model Space, models firms' capacity adjustments to cash-flow shocks as costly competitive moves. It tests the model through simulation and news/analyst data, using language-model-based relevance measures to quantify strategic crowding and repositioning in an information-game setting.
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