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This paper provides an experimental evaluation of the capability of large language models (LLMs) to assist in legal decision-making within the framework of Austrian and European Union value-added tax (VAT) law. In tax consulting practice,…

Computation and Language · Computer Science 2025-07-14 Marina Luketina , Andrea Benkel , Christoph G. Schuetz

Big Language Models (LLMs) are changing the way businesses use software, the way people live their lives and the way industries work. Companies like Google, High-Flyer, Anthropic, OpenAI and Meta are making better LLMs. So, it's crucial to…

Artificial Intelligence · Computer Science 2025-10-28 Urja Kohli , Aditi Singh , Arun Sharma

The rapid advancement of LLMs sparked significant interest in their potential to augment or automate managerial functions. One of the most recent trends in AI benchmarking is performance of Large Language Models (LLMs) over longer time…

Artificial Intelligence · Computer Science 2025-10-01 Berdymyrat Ovezmyradov

Scalable oversight protocols aim to enable humans to accurately supervise superhuman AI. In this paper we study debate, where two AI's compete to convince a judge; consultancy, where a single AI tries to convince a judge that asks…

In November 2022, Europe and the world by and large were stunned by the birth of a new large language model : ChatGPT. Ever since then, both academic and populist discussions have taken place in various public spheres such as LinkedIn and…

Computers and Society · Computer Science 2025-05-13 Nadine Sandjo Tchatchoua , Richard Harper

Language has long been conceived as an essential tool for human reasoning. The breakthrough of Large Language Models (LLMs) has sparked significant research interest in leveraging these models to tackle complex reasoning tasks. Researchers…

This paper investigates whether large language models (LLMs) can generate reliable stock market predictions. We evaluate four state-of-the-art models - ChatGPT, Gemini, DeepSeek, and Perplexity - across three prompting strategies: a naive…

Trading and Market Microstructure · Quantitative Finance 2026-04-21 Ricardo Crisostomo , Diana Mykhalyuk

Determining which legal cases are relevant to a given query involves navigating lengthy texts and applying nuanced legal reasoning. Traditionally, this task has demanded significant time and domain expertise to identify key Legal Facts and…

Artificial Intelligence · Computer Science 2025-08-15 Shengjie Ma , Qi Chu , Jiaxin Mao , Xuhui Jiang , Haozhe Duan , Chong Chen

The widespread adoption of Large Language Models (LLMs) and publicly available ChatGPT have marked a significant turning point in the integration of Artificial Intelligence (AI) into people's everyday lives. This study examines the ability…

Computation and Language · Computer Science 2025-10-28 Sandeep Kumar , Tirthankar Ghosal , Vinayak Goyal , Asif Ekbal

Large Language Models (LLMs) have demonstrated remarkable capabilities in understanding and generating human-like text, yet they largely operate as reactive agents, responding only when directly prompted. This passivity creates an…

Computation and Language · Computer Science 2026-05-18 Deep Anil Patel , Iain Melvin , Christopher Malon , Martin Renqiang Min

Large Language Models (LLMs) are increasingly utilized in AI-driven educational instruction and assessment, particularly within mathematics education. The capability of LLMs to generate accurate answers and detailed solutions for math…

Artificial Intelligence · Computer Science 2025-08-15 Liang Zhang , Edith Aurora Graf

Generative language models are increasingly used for contract drafting and enhancement, creating a scenario where competing parties deploy different language models against each other. This introduces not only a game-theory challenge but…

Computation and Language · Computer Science 2025-01-03 Arinbjörn Kolbeinsson , Benedikt Kolbeinsson

Large Language Models (LLMs) can elicit unintended and even harmful content when misaligned with human values, posing severe risks to users and society. To mitigate these risks, current evaluation benchmarks predominantly employ…

Artificial Intelligence · Computer Science 2024-11-08 Jingnan Zheng , Han Wang , An Zhang , Tai D. Nguyen , Jun Sun , Tat-Seng Chua

Unlocking the potential of Large Language Models (LLMs) in data classification represents a promising frontier in natural language processing. In this work, we evaluate the performance of different LLMs in comparison with state-of-the-art…

Computation and Language · Computer Science 2025-01-16 Arina Kostina , Marios D. Dikaiakos , Dimosthenis Stefanidis , George Pallis

While small businesses are increasingly turning to online crowdfunding platforms for essential funding, over 40% of these campaigns may fail to raise any money, especially those from low socio-economic areas. We utilize the latest…

General Economics · Economics 2024-07-16 Teng Ye , Jingnan Zheng , Junhui Jin , Jingyi Qiu , Wei Ai , Qiaozhu Mei

Qualitative analysis of textual contents unpacks rich and valuable information by assigning labels to the data. However, this process is often labor-intensive, particularly when working with large datasets. While recent AI-based tools…

Computation and Language · Computer Science 2023-04-24 Ziang Xiao , Xingdi Yuan , Q. Vera Liao , Rania Abdelghani , Pierre-Yves Oudeyer

The increasing digitization of political speech has opened the door to studying a new dimension of political behavior using text analysis. This work investigates the value of word-level statistical data from the US Congressional…

General Economics · Economics 2018-09-05 Eitan Sapiro-Gheiler

In "Embers of Autoregression" (McCoy et al., 2023), we showed that several large language models (LLMs) have some important limitations that are attributable to their origins in next-word prediction. Here we investigate whether these issues…

Computation and Language · Computer Science 2024-10-07 R. Thomas McCoy , Shunyu Yao , Dan Friedman , Mathew D. Hardy , Thomas L. Griffiths

This study evaluates large language models as estimable classifiers and clarifies how modeling choices shape downstream measurement error. Revisiting the Economic Policy Uncertainty index, we show that contemporary classifiers substantially…

General Economics · Economics 2025-11-27 Ethan Hartley