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Considerable research efforts have been devoted to ensuring that large language models (LLMs) align with human values and generate safe text. However, an excessive focus on sensitivity to certain topics can compromise the model's robustness…

Computation and Language · Computer Science 2023-08-29 Huachuan Qiu , Shuai Zhang , Anqi Li , Hongliang He , Zhenzhong Lan

Predicting the performance of LLMs on individual task instances is essential to ensure their reliability in high-stakes applications. To do so, a possibility is to evaluate the considered LLM on a set of task instances and train an assessor…

Computation and Language · Computer Science 2024-09-06 Lorenzo Pacchiardi , Lucy G. Cheke , José Hernández-Orallo

Current large language models (LLMs) excel in verifiable domains where outputs can be checked before action but prove less reliable for high-stakes strategic decisions with uncertain outcomes. This gap, driven by mutually reinforcing…

Artificial Intelligence · Computer Science 2025-11-12 Alejandro R. Jadad

Standard benchmarks fixate on how well large language model (LLM) agents perform in finance, yet say little about whether they are safe to deploy. We argue that accuracy metrics and return-based scores provide an illusion of reliability,…

General Finance · Quantitative Finance 2025-06-03 Zichen Chen , Jiaao Chen , Jianda Chen , Misha Sra

The recent performance leap of Large Language Models (LLMs) opens up new opportunities across numerous industrial applications and domains. However, erroneous generations, such as false predictions, misinformation, and hallucination made by…

Software Engineering · Computer Science 2025-01-07 Yuheng Huang , Jiayang Song , Zhijie Wang , Shengming Zhao , Huaming Chen , Felix Juefei-Xu , Lei Ma

Large language models (LLMs) can already identify patterns and reason effectively, yet their variable accuracy hampers adoption in high-stakes decision-making applications. In this paper, we study this issue from a venture capital…

Artificial Intelligence · Computer Science 2025-10-28 Rick Chen , Joseph Ternasky , Aaron Ontoyin Yin , Xianling Mu , Fuat Alican , Yigit Ihlamur

The "LLM-as-a-Judge" paradigm, using Large Language Models (LLMs) as automated evaluators, is pivotal to LLM development, offering scalable feedback for complex tasks. However, the reliability of these judges is compromised by various…

Computation and Language · Computer Science 2026-05-22 Qingquan Li , Shaoyu Dou , Kailai Shao , Chao Chen , Haixiang Hu

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…

Ensuring the safety of large language model (LLM) applications is essential for developing trustworthy artificial intelligence. Current LLM safety benchmarks have two limitations. First, they focus solely on either discriminative or…

Computation and Language · Computer Science 2024-10-30 Yutao Mou , Shikun Zhang , Wei Ye

Measuring innovation often relies on context-specific proxies and on expert evaluation. Hence, empirical innovation research is often limited to settings where such data is available. We investigate how large language models (LLMs) can be…

Computation and Language · Computer Science 2025-08-05 Robin Nowak , Patrick Figge , Carolin Haeussler

Forecasts of future events are essential inputs into informed decision-making. Machine learning (ML) systems have the potential to deliver forecasts at scale, but there is no framework for evaluating the accuracy of ML systems on a…

Machine Learning · Computer Science 2025-03-03 Ezra Karger , Houtan Bastani , Chen Yueh-Han , Zachary Jacobs , Danny Halawi , Fred Zhang , Philip E. Tetlock

Large Language Models (LLMs) are increasingly deployed to automatically label and analyze educational dialogue at scale, yet current pipelines lack reliable ways to detect when models are wrong. We investigate whether reasoning generated by…

Computation and Language · Computer Science 2026-02-11 Bakhtawar Ahtisham , Kirk Vanacore , Zhuqian Zhou , Jinsook Lee , Rene F. Kizilcec

This study introduces the "Grade Score", a novel metric designed to evaluate the consistency and fairness of Large Language Models (LLMs) when used as multiple-choice judges with respect to order bias and choice consistency. The Grade Score…

Artificial Intelligence · Computer Science 2024-06-24 Dmitri Iourovitski

Large language models (LLMs) have been widely deployed as autonomous agents capable of following user instructions and making decisions in real-world applications. Previous studies have made notable progress in benchmarking the instruction…

Computation and Language · Computer Science 2025-06-18 Lingxiao Diao , Xinyue Xu , Wanxuan Sun , Cheng Yang , Zhuosheng Zhang

Artificial intelligence is reshaping labor markets, yet we lack tools to systematically forecast its effects on employment. This paper introduces a benchmark for evaluating how well large language models (LLMs) can anticipate changes in job…

Computation and Language · Computer Science 2025-10-28 Sheri Osborn , Rohit Valecha , H. Raghav Rao , Dan Sass , Anthony Rios

The rapid rise in popularity of Large Language Models (LLMs) with emerging capabilities has spurred public curiosity to evaluate and compare different LLMs, leading many researchers to propose their own LLM benchmarks. Noticing preliminary…

Artificial Intelligence · Computer Science 2025-05-15 Timothy R. McIntosh , Teo Susnjak , Nalin Arachchilage , Tong Liu , Paul Watters , Malka N. Halgamuge

Large language model (LLM) evaluation is increasingly costly, prompting interest in methods that speed up evaluation by shrinking benchmark datasets. Benchmark prediction (also called efficient LLM evaluation) aims to select a small subset…

Machine Learning · Computer Science 2025-06-10 Guanhua Zhang , Florian E. Dorner , Moritz Hardt

Large language models (LLMs) have shown remarkable adaptability to diverse tasks, by leveraging context prompts containing instructions, or minimal input-output examples. However, recent work revealed they also exhibit label bias -- an…

Computation and Language · Computer Science 2024-05-07 Yuval Reif , Roy Schwartz

Accelerating scientific discovery requires the identification of which experiments would yield the best outcomes before committing resources to costly physical validation. While existing benchmarks evaluate LLMs on scientific knowledge and…

Evaluating Large Language Models (LLMs) is one of the most critical aspects of building a performant compound AI system. Since the output from LLMs propagate to downstream steps, identifying LLM errors is crucial to system performance. A…