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Large language models (LLMs) cannot be trusted for economic forecasts during periods covered by their training data. Counterfactual forecasting ability is non-identified when the model has seen the realized values: any observed output is…

General Finance · Quantitative Finance 2025-12-16 Alejandro Lopez-Lira , Yuehua Tang , Mingyin Zhu

Memorization in Large Language Models (LLMs) poses privacy and security risks, as models may unintentionally reproduce sensitive or copyrighted data. Existing analyses focus on average-case scenarios, often neglecting the highly skewed…

Artificial Intelligence · Computer Science 2025-02-04 Hao Li , Di Huang , Ziyu Wang , Amir M. Rahmani

Large language models (LLMs) are increasingly embedded in AI-based tutoring systems. Can they faithfully model novice reasoning and metacognitive judgments? Existing evaluations emphasize problem-solving accuracy, overlooking the fragmented…

Computation and Language · Computer Science 2026-05-12 Conrad Borchers , Jill-Jênn Vie , Roger Azevedo

Large reasoning models (LRMs) achieve strong performance on mathematical reasoning tasks, often attributed to their capability to generate explicit chain-of-thought (CoT) explanations. However, recent work shows that LRMs often arrive at…

Computation and Language · Computer Science 2026-04-20 Yihong Liu , Raoyuan Zhao , Hinrich Schütze , Michael A. Hedderich

The impressive capabilities of large language models (LLMs) have sparked debate over whether these models genuinely generalize to unseen tasks or predominantly rely on memorizing vast amounts of pretraining data. To explore this issue, we…

Computation and Language · Computer Science 2025-03-04 Xinyi Wang , Antonis Antoniades , Yanai Elazar , Alfonso Amayuelas , Alon Albalak , Kexun Zhang , William Yang Wang

In the present study, we investigate and compare reasoning in large language models (LLM) and humans using a selection of cognitive psychology tools traditionally dedicated to the study of (bounded) rationality. To do so, we presented to…

Computation and Language · Computer Science 2023-09-25 Nicolas Yax , Hernan Anlló , Stefano Palminteri

Large language models (LLMs) can perform reasoning computations both internally within their latent space and externally by generating explicit token sequences like chains of thought. Significant progress in enhancing reasoning abilities…

Computation and Language · Computer Science 2025-04-16 Thilo Hagendorff , Sarah Fabi

While logical reasoning evaluation of Large Language Models (LLMs) has attracted significant attention, existing benchmarks predominantly rely on multiple-choice formats that are vulnerable to random guessing, leading to overestimated…

Computation and Language · Computer Science 2025-02-25 Qin Zhu , Fei Huang , Runyu Peng , Keming Lu , Bowen Yu , Qinyuan Cheng , Xipeng Qiu , Xuanjing Huang , Junyang Lin

Large language models (LLMs) have demonstrated potential in reasoning tasks, but their performance on linguistics puzzles remains consistently poor. These puzzles, often derived from Linguistics Olympiad (LO) contests, provide a minimal…

Evaluating reasoning ability in Large Language Models (LLMs) is important for advancing artificial intelligence, as it transcends mere linguistic task performance. It involves understanding whether these models truly understand information,…

Artificial Intelligence · Computer Science 2025-10-29 Benjamin Grando Moreira

Large language models (LLMs) with billions of parameters exhibit in-context learning abilities, enabling few-shot learning on tasks that the model was not specifically trained for. Traditional models achieve breakthrough performance on…

Artificial Intelligence · Computer Science 2025-11-04 Aske Plaat , Annie Wong , Suzan Verberne , Joost Broekens , Niki van Stein , Thomas Back

Previous works show the great potential of pre-trained language models (PLMs) for storing a large amount of factual knowledge. However, to figure out whether PLMs can be reliable knowledge sources and used as alternative knowledge bases…

Computation and Language · Computer Science 2022-03-01 Daniel Gao , Yantao Jia , Lei Li , Chengzhen Fu , Zhicheng Dou , Hao Jiang , Xinyu Zhang , Lei Chen , Zhao Cao

Large language models (LLMs) have shown strong performance in many reasoning benchmarks. However, recent studies have pointed to memorization, rather than generalization, as one of the leading causes for such performance. LLMs, in fact, are…

Computation and Language · Computer Science 2025-09-19 Xingwei Tan , Marco Valentino , Mahmud Akhter , Maria Liakata , Nikolaos Aletras

We present an empirical evaluation of various outputs generated by nine of the most widely-available large language models (LLMs). Our analysis is done with off-the-shelf, readily-available tools. We find a correlation between percentage of…

Computation and Language · Computer Science 2026-01-12 Adrian de Wynter , Xun Wang , Alex Sokolov , Qilong Gu , Si-Qing Chen

Large Language Models (LLMs) have transformed the natural language processing landscape and brought to life diverse applications. Pretraining on vast web-scale data has laid the foundation for these models, yet the research community is now…

In this thesis, I evaluate the performance of Large Language Models (LLMs) on the Law School Admissions Test (LSAT), specifically the Logic Games section of the test. I focus on this section because it presents a complex logical reasoning…

Computation and Language · Computer Science 2024-10-01 Saumya Malik

Large language models (LLMs) have developed impressive performance and strong explainability across various reasoning scenarios, marking a significant stride towards mimicking human-like intelligence. Despite this, when tasked with several…

Computation and Language · Computer Science 2024-11-12 Kai Xiong , Xiao Ding , Ting Liu , Bing Qin , Dongliang Xu , Qing Yang , Hongtao Liu , Yixin Cao

Large language models (LLMs), such as LLaMA, Alpaca, Vicuna, GPT-3.5 and GPT-4, have advanced the performance of AI systems on various natural language processing tasks to human-like levels. However, their generalisation and robustness when…

Computation and Language · Computer Science 2025-01-20 Qiming Bao , Gael Gendron , Alex Yuxuan Peng , Wanjun Zhong , Neset Tan , Yang Chen , Michael Witbrock , Jiamou Liu

Large language models (LLMs) have achieved impressive performance across various mathematical reasoning benchmarks. However, there are increasing debates regarding whether these models truly understand and apply mathematical knowledge or…

Computation and Language · Computer Science 2024-07-03 Qintong Li , Leyang Cui , Xueliang Zhao , Lingpeng Kong , Wei Bi

Rote learning is a memorization technique based on repetition. Many researchers argue that rote learning hinders generalization because it encourages verbatim memorization rather than deeper understanding. This concern extends even to…

Computation and Language · Computer Science 2026-03-03 Qinyuan Wu , Soumi Das , Mahsa Amani , Bishwamittra Ghosh , Mohammad Aflah Khan , Krishna P. Gummadi , Muhammad Bilal Zafar
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