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Related papers: Can Language Models Use Forecasting Strategies?

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Simulation powered by Large Language Models (LLMs) has become a promising method for exploring complex human social behaviors. However, the application of LLMs in simulations presents significant challenges, particularly regarding their…

Computers and Society · Computer Science 2025-02-26 Qian Wang , Zhenheng Tang , Bingsheng He

While Large Language Models (LLMs) are fundamentally next-token prediction systems, their practical applications extend far beyond this basic function. From natural language processing and text generation to conversational assistants and…

Computation and Language · Computer Science 2025-03-10 Vishakha Agrawal , Archie Chaudhury , Shreya Agrawal

The impressive linguistic abilities of large language models (LLMs) have recommended them as models of human sentence processing, with some conjecturing a positive 'quality-power' relationship (Wilcox et al., 2023), in which language…

Computation and Language · Computer Science 2025-05-20 Yi-Chien Lin , Hongao Zhu , William Schuler

Recent work has investigated the capabilities of large language models (LLMs) as zero-shot models for generating individual-level characteristics (e.g., to serve as risk models or augment survey datasets). However, when should a user have…

Language models (LMs) are statistical models trained to assign probability to human-generated text. As such, it is reasonable to question whether they approximate linguistic variability exhibited by humans well. This form of statistical…

Computation and Language · Computer Science 2024-03-19 Evgenia Ilia , Wilker Aziz

When using large language models (LLMs) in high-stakes applications, we need to know when we can trust their predictions. Some works argue that prompting high-performance LLMs is sufficient to produce calibrated uncertainties, while others…

Large Language Models (LLMs) are increasingly employed for simulating human behaviors across diverse domains. However, our position is that current LLM-based human simulations remain insufficiently reliable, as evidenced by significant…

Computation and Language · Computer Science 2025-12-02 Qian Wang , Jiaying Wu , Zichen Jiang , Zhenheng Tang , Bingqiao Luo , Nuo Chen , Wei Chen , Bingsheng He

Recent work exploring the capabilities of pre-trained large language models (LLMs) has demonstrated their ability to act as general pattern machines by completing complex token sequences representing a wide array of tasks, including…

Computers and Society · Computer Science 2024-03-25 Seyed Parsa Neshaei , Richard Lee Davis , Adam Hazimeh , Bojan Lazarevski , Pierre Dillenbourg , Tanja Käser

Advances in the general capabilities of large language models (LLMs) have led to their use for information retrieval, and as components in automated decision systems. A faithful representation of probabilistic reasoning in these models may…

Artificial Intelligence · Computer Science 2025-04-21 Gabriel Freedman , Francesca Toni

This paper presents a comparative analysis evaluating the accuracy of Large Language Models (LLMs) against traditional macro time series forecasting approaches. In recent times, LLMs have surged in popularity for forecasting due to their…

Econometrics · Economics 2025-09-25 Andrea Carriero , Davide Pettenuzzo , Shubhranshu Shekhar

Large language models (LLMs) demonstrate remarkable breadth of knowledge, yet their ability to reason about computational processes remains poorly understood. Closing this gap matters for practitioners who rely on LLMs to guide algorithm…

Computation and Language · Computer Science 2026-04-07 Sohan Venkatesh , Ashish Mahendran Kurapath , Tejas Melkote

Modern Artificial Intelligence applications show great potential for language-related tasks that rely on next-word prediction. The current generation of Large Language Models (LLMs) have been linked to claims about human-like linguistic…

Computation and Language · Computer Science 2024-09-05 Evelina Leivada , Gary Marcus , Fritz Günther , Elliot Murphy

Can Large Language Models (LLMs) accurately predict election outcomes? While LLMs have demonstrated impressive performance in various domains, including healthcare, legal analysis, and creative tasks, their ability to forecast elections…

Artificial Intelligence · Computer Science 2025-04-07 Chenxiao Yu , Zhaotian Weng , Yuangang Li , Zheng Li , Xiyang Hu , Yue Zhao

Metacognition--the capacity to monitor and evaluate one's own knowledge and performance--is foundational to human decision-making, learning, and communication. As large language models (LLMs) become increasingly embedded in both high-stakes…

Artificial Intelligence · Computer Science 2025-10-14 Mark Steyvers , Megan A. K. Peters

This systematic literature review comprehensively examines the application of Large Language Models (LLMs) in forecasting and anomaly detection, highlighting the current state of research, inherent challenges, and prospective future…

Machine Learning · Computer Science 2024-02-19 Jing Su , Chufeng Jiang , Xin Jin , Yuxin Qiao , Tingsong Xiao , Hongda Ma , Rong Wei , Zhi Jing , Jiajun Xu , Junhong Lin

The widespread adoption of large language models (LLMs) makes it important to recognize their strengths and limitations. We argue that in order to develop a holistic understanding of these systems we need to consider the problem that they…

Computation and Language · Computer Science 2023-09-26 R. Thomas McCoy , Shunyu Yao , Dan Friedman , Matthew Hardy , Thomas L. Griffiths

The capabilities of large language models (LLMs) have raised concerns about their potential to create and propagate convincing narratives. Here, we study their performance in detecting convincing arguments to gain insights into LLMs'…

Computation and Language · Computer Science 2024-10-07 Paula Rescala , Manoel Horta Ribeiro , Tiancheng Hu , Robert West

This paper investigates the ability of large language models (LLMs) to solve statistical tasks, as well as their capacity to assess the quality of reasoning. While state-of-the-art LLMs have demonstrated remarkable performance in a range of…

Computation and Language · Computer Science 2026-01-22 Crish Nagarkar , Leonid Bogachev , Serge Sharoff

Large Language Models (LLMs) have demonstrated their capabilities across various tasks, from language translation to complex reasoning. Understanding and predicting human behavior and biases are crucial for artificial intelligence (AI)…

Artificial Intelligence · Computer Science 2024-08-06 Thuy Ngoc Nguyen , Kasturi Jamale , Cleotilde Gonzalez

Multiple studies have now demonstrated that machine learning (ML) can give improved skill for predicting or simulating fairly typical weather events, for tasks such as short-term and seasonal weather forecasting, downscaling simulations to…

Atmospheric and Oceanic Physics · Physics 2023-08-30 Peter AG Watson