Can LLMs Aid Analogical Reasoning for Strategic Decisions? A Comparative Study

The authors thank Professor Todd Zenger and three anonymous reviewers for constructive feedback throughout the review process; the ESSEC Research Centre (CERESSEC) for generous support; Maren Mickeler and Pooyan Khashabi for help with experimental data collection; and Sai Mihir Jakkaraju and Shubham Kumar for excellent research assistance. P. Sen and P. Puranam dedicate this paper to Dr. Nikhil Madan. His sudden passing has meant the loss of a brilliant mind and a genuine friend. His legacy as a researcher and thinker continues to inspire us.