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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…
The prevailing assumption of an exponential decay in large language model (LLM) reliability with sequence length, predicated on independent per-token error probabilities, posits an inherent limitation for long autoregressive outputs. Our…
Large Language Models (LLMs) have shown capabilities close to human performance in various analytical tasks, leading researchers to use them for time and labor-intensive analyses. However, their capability to handle highly specialized and…
Large language models (LLMs) have demonstrated impressive performance on a number of natural language processing tasks, such as question answering and text summarization. However, their performance on sequence labeling tasks such as intent…
As large language models (LLMs) increasingly become central to various applications and interact with diverse user populations, ensuring their reliable and consistent performance is becoming more important. This paper explores a critical…
Large Language Models (LLMs) are increasingly described as possessing strong reasoning capabilities, supported by high performance on mathematical, logical, and planning benchmarks. However, most existing evaluations rely on aggregate…
The conformity effect describes the tendency of individuals to align their responses with the majority. Studying this bias in large language models (LLMs) is crucial, as LLMs are increasingly used in various information-seeking and…
Large language models (LLMs) are stochastic, and not all models give deterministic answers, even when setting temperature to zero with a fixed random seed. However, few benchmark studies attempt to quantify uncertainty, partly due to the…
Large language models (LLMs) process and predict sequences containing text to answer questions, and address tasks including document summarization, providing recommendations, writing software and solving quantitative problems. We provide a…
While scaling laws for large language models (LLMs) during pre-training have been extensively studied, their behavior under reinforcement learning (RL) post-training remains largely unexplored. This paper presents a systematic empirical…
Large Language Models (LLMs) exhibit remarkable fluency and competence across various natural language tasks. However, recent research has highlighted their sensitivity to variations in input prompts. To deploy LLMs in a safe and reliable…
We systematically evaluate the reproducibility of data analysis conducted by Large Language Models (LLMs). We evaluate two prompting strategies, six models, and four temperature settings, with ten independent executions per configuration,…
This paper focuses on extending the success of large language models (LLMs) to sequential decision making. Existing efforts either (i) re-train or finetune LLMs for decision making, or (ii) design prompts for pretrained LLMs. The former…
Large language models (LLMs) often achieve strong performance on reasoning benchmarks, but final-answer accuracy alone does not show whether they faithfully execute the procedure specified in a prompt. We introduce a controlled diagnostic…
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…
The rapid advancement of large language model (LLM) technology has led to diverse applications, many of which inherently require randomness, such as stochastic decision-making, gaming, scheduling, AI agents, and cryptography-related tasks.…
Large Language Models (LLMs) have attracted extensive attention due to their remarkable performance across various tasks. However, the substantial computational and memory requirements of LLM inference pose challenges for deployment in…
Large Language Models (LLMs) are increasingly becoming the preferred foundation platforms for many Natural Language Processing tasks such as Machine Translation, owing to their quality often comparable to or better than task-specific…
Large language models (LLMs) sometimes fail to respond appropriately to deterministic tasks -- such as counting or forming acronyms -- because the implicit prior distribution they have learned over sequences of tokens influences their…
While the Large Language Models (LLMs) dominate a majority of language understanding tasks, previous work shows that some of these results are supported by modelling spurious correlations of training datasets. Authors commonly assess model…