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Related papers: EconNLI: Evaluating Large Language Models on Econo…

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Large language models (LLMs) enable researchers to analyze text at unprecedented scale and minimal cost. Researchers can now revisit old questions and tackle novel ones with rich data. We provide an econometric framework for realizing this…

Econometrics · Economics 2025-12-08 Jens Ludwig , Sendhil Mullainathan , Ashesh Rambachan

This paper investigates models of event implications. Specifically, how well models predict entity state-changes, by targeting their understanding of physical attributes. Nominally, Large Language models (LLM) have been exposed to…

Computation and Language · Computer Science 2022-11-11 Evangelia Spiliopoulou , Artidoro Pagnoni , Yonatan Bisk , Eduard Hovy

In this paper, we introduce EconLogicQA, a rigorous benchmark designed to assess the sequential reasoning capabilities of large language models (LLMs) within the intricate realms of economics, business, and supply chain management.…

Computation and Language · Computer Science 2024-09-24 Yinzhu Quan , Zefang Liu

Logical reasoning consistently plays a fundamental and significant role in the domains of knowledge engineering and artificial intelligence. Recently, Large Language Models (LLMs) have emerged as a noteworthy innovation in natural language…

Computation and Language · Computer Science 2024-09-17 Fangzhi Xu , Qika Lin , Jiawei Han , Tianzhe Zhao , Jun Liu , Erik Cambria

Event relations are crucial for narrative understanding and reasoning. Governed by nuanced logic, event relation extraction (ERE) is a challenging task that demands thorough semantic understanding and rigorous logical reasoning. In this…

Artificial Intelligence · Computer Science 2024-08-12 Meiqi Chen , Yubo Ma , Kaitao Song , Yixin Cao , Yan Zhang , Dongsheng Li

Over the past few years, the abilities of large language models (LLMs) have received extensive attention, which have performed exceptionally well in complicated scenarios such as logical reasoning and symbolic inference. A significant…

Computation and Language · Computer Science 2024-02-20 Junbing Yan , Chengyu Wang , Jun Huang , Wei Zhang

This paper investigates Large Language Models (LLMs) ability to assess the economic soundness and theoretical consistency of empirical findings in spatial econometrics. We created original and deliberately altered "counterfactual" summaries…

Computers and Society · Computer Science 2025-06-10 Giuseppe Arbia , Luca Morandini , Vincenzo Nardelli

While large language models (LLMs) have demonstrated impressive capabilities across various natural language processing tasks by acquiring rich factual knowledge from their broad training data, their ability to synthesize and logically…

Computation and Language · Computer Science 2024-07-31 Tianshi Zheng , Jiaxin Bai , Yicheng Wang , Tianqing Fang , Yue Guo , Yauwai Yim , Yangqiu Song

Reasoning about real-life events is a unifying challenge in AI and NLP that has profound utility in a variety of domains, while fallacy in high-stake applications could be catastrophic. Able to work with diverse text in these domains, large…

Computation and Language · Computer Science 2024-08-30 Li Zhang

The performance of Large language models (LLMs) across a broad range of domains has been impressive but have been critiqued as not being able to reason about their process and conclusions derived. This is to explain the conclusions draw,…

Computation and Language · Computer Science 2024-10-30 Rob Sullivan , Nelly Elsayed

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

Reasoning is a fundamental aspect of human intelligence that plays a crucial role in activities such as problem solving, decision making, and critical thinking. In recent years, large language models (LLMs) have made significant progress in…

Computation and Language · Computer Science 2023-05-29 Jie Huang , Kevin Chen-Chuan Chang

The development of highly fluent large language models (LLMs) has prompted increased interest in assessing their reasoning and problem-solving capabilities. We investigate whether several LLMs can solve a classic type of deductive reasoning…

Computation and Language · Computer Science 2024-04-16 Spencer M. Seals , Valerie L. Shalin

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

Recent advancements in Large Language Models (LLMs) have significantly enhanced their ability to perform complex reasoning tasks, transitioning from fast and intuitive thinking (System 1) to slow and deep reasoning (System 2). While System…

Computation and Language · Computer Science 2025-04-01 Rui Wang , Hongru Wang , Boyang Xue , Jianhui Pang , Shudong Liu , Yi Chen , Jiahao Qiu , Derek Fai Wong , Heng Ji , Kam-Fai Wong

Socio-economic causal effects depend heavily on their institutional and environmental contexts. The same intervention can produce different, even opposite, effects across regulatory regimes, market conditions, time periods, or populations.…

Computation and Language · Computer Science 2026-05-27 Donggyu Lee , Hyeok Yun , Meeyoung Cha , Sungwon Park , Sangyoon Park , Jihee Kim

Numerous decision-making tasks require estimating causal effects under interventions on different parts of a system. As practitioners consider using large language models (LLMs) to automate decisions, studying their causal reasoning…

Machine Learning · Computer Science 2024-12-24 Tejas Kasetty , Divyat Mahajan , Gintare Karolina Dziugaite , Alexandre Drouin , Dhanya Sridhar

Predicting future events is an important activity with applications across multiple fields and domains. For example, the capacity to foresee stock market trends, natural disasters, business developments, or political events can facilitate…

Computation and Language · Computer Science 2025-01-13 Petraq Nako , Adam Jatowt

Large language models (LLMs) are the result of a massive experiment in bottom-up, data-driven reverse engineering of language at scale. Despite their utility in a number of downstream NLP tasks, ample research has shown that LLMs are…

Artificial Intelligence · Computer Science 2024-08-05 Walid S. Saba

Large Language Models (LLMs) excel in generating personalized content and facilitating interactive dialogues, showcasing their remarkable aptitude for a myriad of applications. However, their capabilities in reasoning and providing…

Computation and Language · Computer Science 2024-02-16 Min Zhang , Sato Takumi , Jack Zhang , Jun Wang
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