Strategic decision-making involves interactive reasoning where agents adapt their choices in response to others, yet existing evaluations of large language models (LLMs) often emphasize Nash Equilibrium (NE) approximation, overlooking the mechanisms driving their strategic choices. To bridge this gap, we introduce an evaluation framework grounded in behavioral game theory, disentangling reasoning capability from contextual effects. Testing 22 state-of-the-art LLMs, we find that GPT-o3-mini, GPT-o1, and DeepSeek-R1 dominate most games yet also demonstrate that the model scale alone does not determine performance. In terms of prompting enhancement, Chain-of-Thought (CoT) prompting is not universally effective, as it increases strategic reasoning only for models at certain levels while providing limited gains elsewhere. Additionally, we investigate the impact of encoded demographic features on the models, observing that certain assignments impact the decision-making pattern. For instance, GPT-4o shows stronger strategic reasoning with female traits than males, while Gemma assigns higher reasoning levels to heterosexual identities compared to other sexual orientations, indicating inherent biases. These findings underscore the need for ethical standards and contextual alignment to balance improved reasoning with fairness.

When making decisions under uncertainty, individuals often deviate from rational behavior, which can be evaluated across three dimensions: risk preference, probability weighting, and loss aversion. Given the widespread use of large language models (LLMs) in decision-making processes, it is crucial to assess whether their behavior aligns with human norms and ethical expectations or exhibits potential biases. Several empirical studies have investigated the rationality and social behavior performance of LLMs, yet their internal decision-making tendencies and capabilities remain inadequately understood. This paper proposes a framework, grounded in behavioral economics, to evaluate the decision-making behaviors of LLMs. Through a multiple-choice-list experiment, we estimate the degree of risk preference, probability weighting, and loss aversion in a context-free setting for three commercial LLMs: ChatGPT-4.0-Turbo, Claude-3-Opus, and Gemini-1.0-pro. Our results reveal that LLMs generally exhibit patterns similar to humans, such as risk aversion and loss aversion, with a tendency to overweight small probabilities. However, there are significant variations in the degree to which these behaviors are expressed across different LLMs. We also explore their behavior when embedded with socio-demographic features, uncovering significant disparities. For instance, when modeled with attributes of sexual minority groups or physical disabilities, Claude-3-Opus displays increased risk aversion, leading to more conservative choices. These findings underscore the need for careful consideration of the ethical implications and potential biases in deploying LLMs in decision-making scenarios. Therefore, this study advocates for developing standards and guidelines to ensure that LLMs operate within ethical boundaries while enhancing their utility in complex decision-making environments.

Quantization for Convolutional Neural Network (CNN) has shown significant progress with the intention of reducing the cost of computation and storage with low-bitwidth data inputs. There are, however, no systematic studies on how an existing full-bitwidth processing unit, such as CPUs and DSPs, can be better utilized to carry out significantly higher computation throughput for convolution under various quantized bitwidths. In this study, we propose HiKonv, a unified solution that maximizes the compute throughput of a given underlying processing unit to process low-bitwidth quantized data inputs through novel bit-wise parallel computation. We establish theoretical performance bounds using a full-bitwidth multiplier for highly parallelized low-bitwidth convolution, and demonstrate new breakthroughs for high-performance computing in this critical domain. For example, a single 32-bit processing unit can deliver 128 binarized convolution operations (multiplications and additions) under one CPU instruction, and a single 27x18 DSP core can deliver eight convolution operations with 4-bit inputs in one cycle. We demonstrate the effectiveness of HiKonv on CPU and FPGA for both convolutional layers or a complete DNN model. For a convolutional layer quantized to 4-bit, HiKonv achieves a 3.17x latency improvement over the baseline implementation using C++ on CPU. Compared to the DAC-SDC 2020 champion model for FPGA, HiKonv achieves a 2.37x throughput improvement and 2.61x DSP efficiency improvement, respectively.