Related papers: Revealing economic facts: LLMs know more than they…
Although state-of-the-art LLMs can solve math problems, we find that they make errors on numerical comparisons with mixed notation: "Which is larger, $5.7 \times 10^2$ or $580$?" This raises a fundamental question: Do LLMs even know how big…
Large language models (LLMs) contain substantial factual knowledge which is commonly elicited by multiple-choice question-answering prompts. Internally, such models process the prompt through multiple transformer layers, building varying…
Pre-trained Language Models (PLMs) encode various facts about the world at their pre-training phase as they are trained to predict the next or missing word in a sentence. There has a been an interest in quantifying and improving the amount…
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…
We investigate whether large language models (LLMs) can successfully perform financial statement analysis in a way similar to a professional human analyst. We provide standardized and anonymous financial statements to GPT4 and instruct the…
Large language models (LLMs) are demonstrably capable of cross-lingual transfer, but can produce inconsistent output when prompted with the same queries written in different languages. To understand how language models are able to…
Large Language Models (LLMs) are frequently utilized as sources of knowledge for question-answering. While it is known that LLMs may lack access to real-time data or newer data produced after the model's cutoff date, it is less clear how…
Interpretability and explainability of AI are becoming increasingly important in light of the rapid development of large language models (LLMs). This paper investigates the interpretation of LLMs in the context of the knowledge-based…
While Large Language Models (LLMs) have shown exceptional performance in various tasks, one of their most prominent drawbacks is generating inaccurate or false information with a confident tone. In this paper, we provide evidence that the…
Large Language Models (LLMs) exhibit various emergent abilities. Among these abilities, some might reveal the internal working mechanisms of models. In this paper, we uncover a novel emergent capability in models: the intrinsic ability to…
We argue that newly-developed large language models (LLMs), because of how they are trained and designed, are implicit computational models of humans -- a Homo silicus. LLMs can be used like economists use Homo economicus: they can be given…
Large Language Models (LLMs) have been shown to perform well for many downstream tasks. Transfer learning can enable LLMs to acquire skills that were not targeted during pre-training. In financial contexts, LLMs can sometimes beat…
Large Language Models (LLMs) often generate responses that are factually incorrect yet expressed with high confidence, which can pose serious risks for end users. To address this, it is essential for LLMs not only to produce answers but…
Language Models (LMs) may acquire harmful knowledge, and yet feign ignorance of these topics when under audit. Inspired by the recent discovery of deception-related behaviour patterns in LMs, we aim to train classifiers that detect when a…
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…
Large Language Models (LLMs) tend to be unreliable in the factuality of their answers. To address this problem, NLP researchers have proposed a range of techniques to estimate LLM's confidence over facts. However, due to the lack of a…
Recent advances in Large Language Models (LLMs) have opened new perspectives for automation in optimization. While several studies have explored how LLMs can generate or solve optimization models, far less is understood about what these…
Large language models (LLMs) often produce errors, including factual inaccuracies, biases, and reasoning failures, collectively referred to as "hallucinations". Recent studies have demonstrated that LLMs' internal states encode information…
This study evaluates large language models as estimable classifiers and clarifies how modeling choices shape downstream measurement error. Revisiting the Economic Policy Uncertainty index, we show that contemporary classifiers substantially…
We introduce a group of related methods for binary classification tasks using probes of the hidden state activations in large language models (LLMs). Performance is on par with the largest and most advanced LLMs currently available, but…