English
Related papers

Related papers: Evaluating LLMs on Real-World Forecasting Against …

200 papers

Users of Large Language Models (LLMs) often perceive these models as intelligent entities with human-like capabilities. However, the extent to which LLMs' capabilities truly approximate human abilities remains a topic of debate. In this…

Computation and Language · Computer Science 2025-04-18 Mingrui Zan , Yunquan Zhang , Boyang Zhang , Fangming Liu , Daning Cheng

This paper presents a comparative analysis evaluating the accuracy of Large Language Models (LLMs) against traditional macro time series forecasting approaches. In recent times, LLMs have surged in popularity for forecasting due to their…

Econometrics · Economics 2025-09-25 Andrea Carriero , Davide Pettenuzzo , Shubhranshu Shekhar

Large Language Models (LLMs) have demonstrated strong performance across various natural language processing tasks, yet their proficiency in mathematical reasoning remains a key challenge. Addressing the gap between natural and mathematical…

Artificial Intelligence · Computer Science 2025-02-18 Xuhan Huang , Qingning Shen , Yan Hu , Anningzhe Gao , Benyou Wang

What makes large language models (LLMs) impressive is also what makes them hard to evaluate: their diversity of uses. To evaluate these models, we must understand the purposes they will be used for. We consider a setting where these…

Computation and Language · Computer Science 2024-06-04 Keyon Vafa , Ashesh Rambachan , Sendhil Mullainathan

Pre-trained large language models (LLM) have emerged as a powerful tool for simulating various scenarios and generating output given specific instructions and multimodal input. In this work, we analyze the specific use of LLM to enhance a…

Machine Learning · Computer Science 2024-05-10 Yuhang Wu , Yingfei Wang , Chu Wang , Zeyu Zheng

Although large language models (LLMs) have been assessed for general medical knowledge using licensing exams, their ability to support clinical decision-making, such as selecting medical calculators, remains uncertain. We assessed nine…

Computation and Language · Computer Science 2025-03-25 Nicholas Wan , Qiao Jin , Joey Chan , Guangzhi Xiong , Serina Applebaum , Aidan Gilson , Reid McMurry , R. Andrew Taylor , Aidong Zhang , Qingyu Chen , Zhiyong Lu

Large language models (LLMs) have been proposed as alternatives to human experts for estimating unknown quantities with associated uncertainty, a process known as Bayesian elicitation. We test this by asking eleven LLMs to estimate…

Artificial Intelligence · Computer Science 2026-04-03 Luka Hobor , Mario Brcic , Mihael Kovac , Kristijan Poje

Large language models (LLMs) have demonstrated remarkable capabilities across a wide range of tasks in various domains. Despite their impressive performance, they can be unreliable due to factual errors in their generations. Assessing their…

Computation and Language · Computer Science 2024-03-26 Jiahui Geng , Fengyu Cai , Yuxia Wang , Heinz Koeppl , Preslav Nakov , Iryna Gurevych

Previous work adopts large language models (LLMs) as evaluators to evaluate natural language process (NLP) tasks. However, certain shortcomings, e.g., fairness, scope, and accuracy, persist for current LLM evaluators. To analyze whether…

Computation and Language · Computer Science 2025-01-22 Qintong Li , Leyang Cui , Lingpeng Kong , Wei Bi

This study explores the potential of large language models (LLMs) to enhance expert forecasting through ensemble learning. Leveraging the European Central Bank's Survey of Professional Forecasters (SPF) dataset, we propose a comprehensive…

Applications · Statistics 2025-07-01 Yinuo Ren , Jue Wang

Subjective well-being is a key metric in economic, medical, and policy decision-making. As artificial intelligence provides scalable tools for modelling human outcomes, it is crucial to evaluate whether large language models (LLMs) can…

Human-Computer Interaction · Computer Science 2025-07-09 Pat Pataranutaporn , Nattavudh Powdthavee , Chayapatr Archiwaranguprok , Pattie Maes

Many recent papers have studied the development of superforecaster-level event forecasting LLMs. While methodological problems with early studies cast doubt on the use of LLMs for event forecasting, recent studies with improved evaluation…

Machine Learning · Computer Science 2025-07-28 Sang-Woo Lee , Sohee Yang , Donghyun Kwak , Noah Y. Siegel

Large language models (LLMs) have achieved strong performance on reasoning benchmarks, yet their ability to solve real-world problems requiring end-to-end workflows remains unclear. Mathematical modeling competitions provide a stringent…

Computation and Language · Computer Science 2026-04-07 Yuhang Liu , Heyan Huang , Yizhe Yang , Hongyan Zhao , Zhizhuo Zeng , Yang Gao

Large Language Models (LLMs) offer a promising alternative to traditional survey methods, potentially enhancing efficiency and reducing costs. In this study, we use LLMs to create virtual populations that answer survey questions, enabling…

Human-Computer Interaction · Computer Science 2025-03-24 Enzo Sinacola , Arnault Pachot , Thierry Petit

Large language models (LLMs) have recently shown impressive performance on tasks involving reasoning, leading to a lively debate on whether these models possess reasoning capabilities similar to humans. However, despite these successes, the…

Computation and Language · Computer Science 2024-08-07 Philipp Mondorf , Barbara Plank

Under the lens of Marr's levels of analysis, we critique and extend two claims about language models (LMs) and language processing: first, that predicting upcoming linguistic information based on context is central to language processing,…

Computation and Language · Computer Science 2026-04-13 Sathvik Nair , Colin Phillips

Large language models (LLMs) are increasingly used to predict human behavior. We propose a measure for evaluating how much knowledge a pretrained LLM brings to such a prediction: its equivalent sample size, defined as the amount of…

Econometrics · Economics 2026-01-21 Wayne Gao , Sukjin Han , Annie Liang

Large language models (LLMs) increasingly operate in environments where they encounter social information such as other agents' answers, tool outputs, or human recommendations. In humans, such inputs influence judgments in ways that depend…

Artificial Intelligence · Computer Science 2026-02-17 Anooshka Bajaj , Zoran Tiganj

Large language models (LLMs) are revolutionizing every aspect of society. They are increasingly used in problem-solving tasks to substitute human assessment and reasoning. LLMs are trained on what humans write and are thus exposed to human…

Software Engineering · Computer Science 2025-10-14 Fengfei Sun , Ningke Li , Kailong Wang , Lorenz Goette

Large Language Models (LLMs) have emerged as transformative tools in artificial intelligence (AI), exhibiting remarkable capabilities across diverse tasks such as text generation, reasoning, and decision-making. While their success has…