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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…

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

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…

Computation and Language · Computer Science 2026-05-07 Mikhail L. Arbuzov , Sisong Bei , Ziwei Dong , Dmitri Kalaev , Alexey A. Shvets

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…

Computation and Language · Computer Science 2024-10-08 Alexander S. Choi , Syeda Sabrina Akter , JP Singh , Antonios Anastasopoulos

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…

Computation and Language · Computer Science 2024-02-27 Yao Qiang , Subhrangshu Nandi , Ninareh Mehrabi , Greg Ver Steeg , Anoop Kumar , Anna Rumshisky , Aram Galstyan

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…

Computation and Language · Computer Science 2025-03-11 Ruoxi Xu , Hongyu Lin , Xianpei Han , Jia Zheng , Weixiang Zhou , Le Sun , Yingfei Sun

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…

Computation and Language · Computer Science 2026-04-16 Md. Fahad Ullah Utsho , Mohd. Ruhul Ameen , Akif Islam , Md. Golam Rashed , Dipankar Das

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…

Computation and Language · Computer Science 2025-05-27 Xiaochen Zhu , Caiqi Zhang , Tom Stafford , Nigel Collier , Andreas Vlachos

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…

Computation and Language · Computer Science 2025-06-30 Robert E. Blackwell , Jon Barry , Anthony G. Cohn

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…

Numerical Analysis · Mathematics 2026-02-02 Ricardo Baptista , Andrew Stuart , Son Tran

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…

Computation and Language · Computer Science 2025-04-30 Harsh Raj , Vipul Gupta , Domenic Rosati , Subhabrata Majumdar

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,…

Applications · Statistics 2026-02-17 Jiaxin Cui , Rohan Alexander

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…

Machine Learning · Computer Science 2025-06-17 Dingyang Chen , Qi Zhang , Yinglun Zhu

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…

Computation and Language · Computer Science 2026-05-26 Sailesh Panda , Pritam Kadasi , Abhishek Upperwal , Mayank Singh

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

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.…

Artificial Intelligence · Computer Science 2025-10-15 Rabimba Karanjai , Yang Lu , Ranjith Chodavarapu , Lei Xu , Weidong Shi

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…

Computation and Language · Computer Science 2024-03-18 Zhifan Sun , Antonio Valerio Miceli-Barone

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…

Computation and Language · Computer Science 2025-04-18 Liyi Zhang , Veniamin Veselovsky , R. Thomas McCoy , Thomas L. Griffiths

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…

Computation and Language · Computer Science 2024-02-07 Lukáš Mikula , Michal Štefánik , Marek Petrovič , Petr Sojka