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One of the major aspects contributing to the striking performance of large language models (LLMs) is the vast amount of factual knowledge accumulated during pre-training. Yet, many LLMs suffer from self-inconsistency, which raises doubts…

Computation and Language · Computer Science 2024-10-07 Anastasiia Sedova , Robert Litschko , Diego Frassinelli , Benjamin Roth , Barbara Plank

Previous literatures show that pre-trained masked language models (MLMs) such as BERT can achieve competitive factual knowledge extraction performance on some datasets, indicating that MLMs can potentially be a reliable knowledge source. In…

Computation and Language · Computer Science 2021-06-18 Boxi Cao , Hongyu Lin , Xianpei Han , Le Sun , Lingyong Yan , Meng Liao , Tong Xue , Jin Xu

Large language models (LLMs) are highly capable of answering questions, but they are often unaware of their own knowledge boundary, i.e., knowing what they know and what they don't know. As a result, they can generate factually incorrect…

Computation and Language · Computer Science 2026-01-30 Christopher Adrian Kusuma , Muhammad Reza Qorib , Hwee Tou Ng

Recently, Large Language Models (LLMs) have drawn significant attention due to their outstanding reasoning capabilities and extensive knowledge repository, positioning them as superior in handling various natural language processing tasks…

Computation and Language · Computer Science 2023-11-30 Han Cao , Lingwei Wei , Mengyang Chen , Wei Zhou , Songlin Hu

The role of large language models (LLMs) in enterprise modeling has recently started to shift from academic research to that of industrial applications. Thereby, LLMs represent a further building block for the machine-supported generation…

Multiagent Systems · Computer Science 2025-01-08 Benedikt Reitemeyer , Hans-Georg Fill

Numerical reasoning is an important task in the analysis of financial documents. It helps in understanding and performing numerical predictions with logical conclusions for the given query seeking answers from financial texts. Recently,…

Computation and Language · Computer Science 2026-01-13 Aryan Mishra , Akash Anil

This paper presents a comprehensive evaluation of the capabilities of Large Language Models (LLMs) in metaphor interpretation across multiple datasets, tasks, and prompt configurations. Although metaphor processing has gained significant…

Computation and Language · Computer Science 2025-07-22 Elisa Sanchez-Bayona , Rodrigo Agerri

Recently, ChatGPT, a representative large language model (LLM), has gained considerable attention due to its powerful emergent abilities. Some researchers suggest that LLMs could potentially replace structured knowledge bases like knowledge…

Computation and Language · Computer Science 2024-01-31 Linyao Yang , Hongyang Chen , Zhao Li , Xiao Ding , Xindong Wu

Large language models (LLMs) face significant challenges in ex-ante reasoning, where analysis, inference, or predictions must be made without access to information from future events. Even with explicit prompts enforcing temporal cutoffs,…

Machine Learning · Computer Science 2025-05-27 Yachuan Liu , Xiaochun Wei , Lin Shi , Xinnuo Li , Bohan Zhang , Paramveer Dhillon , Qiaozhu Mei

Large pre-trained language models have demonstrated their proficiency in storing factual knowledge within their parameters and achieving remarkable results when fine-tuned for downstream natural language processing tasks. Nonetheless, their…

Computation and Language · Computer Science 2023-09-29 Konstantinos Andriopoulos , Johan Pouwelse

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

Large Language Models (LLMs) are increasingly used for knowledge-based reasoning tasks, yet understanding when they rely on genuine knowledge versus superficial heuristics remains challenging. We investigate this question through entity…

Computation and Language · Computer Science 2026-01-27 Hans Hergen Lehmann , Jae Hee Lee , Steven Schockaert , Stefan Wermter

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

Large Language Models (LLMs) exhibit remarkable capabilities across a spectrum of tasks in financial services, including report generation, chatbots, sentiment analysis, regulatory compliance, investment advisory, financial knowledge…

Computational Engineering, Finance, and Science · Computer Science 2025-06-02 Hariom Tatsat , Ariye Shater

The increasing prevalence of online misinformation has heightened the demand for automated fact-checking solutions. Large Language Models (LLMs) have emerged as potential tools for assisting in this task, but their effectiveness remains…

Computers and Society · Computer Science 2025-03-10 Nicolo' Fontana , Francesco Corso , Enrico Zuccolotto , Francesco Pierri

This article presents a comparative study of large language models (LLMs) in the task of sentiment analysis of financial market news. This work aims to analyze the performance difference of these models in this important natural language…

Statistical Finance · Quantitative Finance 2025-10-21 Lucas Eduardo Pereira Teles , Carlos M. S. Figueiredo

Recent advances in large language models (LLMs) have unlocked novel opportunities for machine learning applications in the financial domain. These models have demonstrated remarkable capabilities in understanding context, processing vast…

General Finance · Quantitative Finance 2024-06-19 Yuqi Nie , Yaxuan Kong , Xiaowen Dong , John M. Mulvey , H. Vincent Poor , Qingsong Wen , Stefan Zohren

Large Language Models (LLMs), consisting of 100 billion or more parameters, have demonstrated remarkable ability in complex multi-step reasoning tasks. However, the application of such generic advancements has been limited to a few fields,…

Computation and Language · Computer Science 2023-06-27 Guijin Son , Hanearl Jung , Moonjeong Hahm , Keonju Na , Sol Jin

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

While pre-trained language models (PLMs) have shown evidence of acquiring vast amounts of knowledge, it remains unclear how much of this parametric knowledge is actually usable in performing downstream tasks. We propose a systematic…

Computation and Language · Computer Science 2023-05-25 Amirhossein Kazemnejad , Mehdi Rezagholizadeh , Prasanna Parthasarathi , Sarath Chandar