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Reasoning language models (RLMs), also known as Large Reasoning Models (LRMs), such as OpenAI's o1 and o3, DeepSeek-R1, and Alibaba's QwQ, have redefined AI's problem-solving capabilities by extending LLMs with advanced reasoning…

The leaderboard of Large Language Models (LLMs) in mathematical tasks has been continuously updated. However, the majority of evaluations focus solely on the final results, neglecting the quality of the intermediate steps. This oversight…

Computation and Language · Computer Science 2025-01-15 Shijie Xia , Xuefeng Li , Yixin Liu , Tongshuang Wu , Pengfei Liu

This study provides the first comprehensive assessment of consistency and reproducibility in Large Language Model (LLM) outputs in finance and accounting research. We evaluate how consistently LLMs produce outputs given identical inputs…

General Finance · Quantitative Finance 2025-09-16 Julian Junyan Wang , Victor Xiaoqi Wang

Evaluating the graph comprehension and reasoning abilities of Large Language Models (LLMs) is challenging and often incomplete. Existing benchmarks focus primarily on pure graph understanding, lacking a comprehensive evaluation across all…

Artificial Intelligence · Computer Science 2025-02-27 Zike Yuan , Ming Liu , Hui Wang , Bing Qin

Large Language Models (LLMs) have shown strong performance on code understanding tasks, yet they fundamentally lack the ability to perform precise, exhaustive mathematical reasoning about program behavior. Existing benchmarks either focus…

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

Mathematical reasoning remains one of the most challenging domains for large language models (LLMs), requiring not only linguistic understanding but also structured logical deduction and numerical precision. While recent LLMs demonstrate…

Computation and Language · Computer Science 2026-01-27 Mahbub E Sobhani , Md. Faiyaz Abdullah Sayeedi , Tasnim Mohiuddin , Md Mofijul Islam , Swakkhar Shatabda

The rapid advancement of Large Language Models (LLMs) in the realm of mathematical reasoning necessitates comprehensive evaluations to gauge progress and inspire future directions. Existing assessments predominantly focus on problem-solving…

Computation and Language · Computer Science 2024-06-05 Xiaoyuan Li , Wenjie Wang , Moxin Li , Junrong Guo , Yang Zhang , Fuli Feng

Large Reasoning Models (LRMs) like DeepSeek-R1 and OpenAI-o1 have demonstrated remarkable reasoning capabilities, raising important questions about their biases in LLM-as-a-judge settings. We present a comprehensive benchmark comparing…

Computers and Society · Computer Science 2025-04-21 Qian Wang , Zhanzhi Lou , Zhenheng Tang , Nuo Chen , Xuandong Zhao , Wenxuan Zhang , Dawn Song , Bingsheng He

Financial large language models (FinLLMs) have been applied to various tasks in business, finance, accounting, and auditing. Complex financial regulations and standards are critical to financial services, which LLMs must comply with.…

Computational Engineering, Finance, and Science · Computer Science 2025-01-14 Keyi Wang , Jaisal Patel , Charlie Shen , Daniel Kim , Andy Zhu , Alex Lin , Luca Borella , Cailean Osborne , Matt White , Steve Yang , Kairong Xiao , Xiao-Yang Liu Yanglet

The rapid advancement of reasoning capabilities in large language models (LLMs) has led to notable improvements on mathematical benchmarks. However, many of the most commonly used evaluation datasets (e.g., AIME 2024) are widely available…

Artificial Intelligence · Computer Science 2026-01-16 Mislav Balunović , Jasper Dekoninck , Ivo Petrov , Nikola Jovanović , Martin Vechev

Recent advances in Multi-Modal Large Language Models (MLLMs) have enabled unified processing of language, vision, and structured inputs, opening the door to complex tasks such as logical deduction, spatial reasoning, and scientific…

Artificial Intelligence · Computer Science 2025-07-03 Guiyao Tie , Xueyang Zhou , Tianhe Gu , Ruihang Zhang , Chaoran Hu , Sizhe Zhang , Mengqu Sun , Yan Zhang , Pan Zhou , Lichao Sun

Large Language Models (LLMs) have made remarkable progress, surpassing human performance on several benchmarks in domains such as mathematics and coding. A key driver of this progress has been the development of benchmark datasets. In…

Statistical Finance · Quantitative Finance 2026-03-06 Issa Sugiura , Takashi Ishida , Taro Makino , Chieko Tazuke , Takanori Nakagawa , Kosuke Nakago , David Ha

Generating accurate step-by-step reasoning is essential for Large Language Models (LLMs) to address complex problems and enhance robustness and interpretability. Despite the flux of research on developing advanced reasoning approaches,…

Computation and Language · Computer Science 2024-08-13 Shibo Hao , Yi Gu , Haotian Luo , Tianyang Liu , Xiyan Shao , Xinyuan Wang , Shuhua Xie , Haodi Ma , Adithya Samavedhi , Qiyue Gao , Zhen Wang , Zhiting Hu

Recently, many works have proposed various financial large language models (FinLLMs) by pre-training from scratch or fine-tuning open-sourced LLMs on financial corpora. However, existing FinLLMs exhibit unsatisfactory performance in…

Computational Engineering, Finance, and Science · Computer Science 2024-05-02 Huan-Yi Su , Ke Wu , Yu-Hao Huang , Wu-Jun Li

Being prompted to engage in reasoning has emerged as a core technique for using large language models (LLMs), deploying additional inference-time compute to improve task performance. However, as LLMs increase in both size and adoption,…

Computation and Language · Computer Science 2025-06-25 C. Nicolò De Sabbata , Theodore R. Sumers , Badr AlKhamissi , Antoine Bosselut , Thomas L. Griffiths

The integration of Large Language Models (LLMs) into financial analysis has garnered significant attention in the NLP community. This paper presents our solution to IJCAI-2024 FinLLM challenge, investigating the capabilities of LLMs within…

Computational Engineering, Finance, and Science · Computer Science 2024-07-03 Yupeng Cao , Zhiyuan Yao , Zhi Chen , Zhiyang Deng

Despite the recent success of large language models (LLMs) in reasoning such as DeepSeek, we for the first time identify a key dilemma in reasoning robustness and generalization: significant performance degradation on novel or incomplete…

Artificial Intelligence · Computer Science 2025-03-07 Tong Yu , Yongcheng Jing , Xikun Zhang , Wentao Jiang , Wenjie Wu , Yingjie Wang , Wenbin Hu , Bo Du , Dacheng Tao

Eliciting explicit, step-by-step reasoning traces from large language models (LLMs) has emerged as a dominant paradigm for enhancing model capabilities. Although such reasoning strategies were originally designed for problems requiring…

Computation and Language · Computer Science 2026-03-23 Xinyu Guo , Yazhou Zhang , Jing Qin

Mathematical reasoning represents a critical frontier in advancing large language models (LLMs). While step-by-step approaches have emerged as the dominant paradigm for mathematical problem-solving in LLMs, the quality of reasoning steps in…

Computation and Language · Computer Science 2026-02-26 Yuchen Yan , Yongliang Shen , Yang Liu , Jin Jiang , Xin Xu , Mengdi Zhang , Jian Shao , Yueting Zhuang