Related papers: Fake Date Tests: Can We Trust In-sample Accuracy o…
Large Language Models (LLMs) have made substantial progress in the past several months, shattering state-of-the-art benchmarks in many domains. This paper investigates LLMs' behavior with respect to gender stereotypes, a known issue for…
Validating Large Language Models with ReLM explores the application of formal languages to evaluate and control Large Language Models (LLMs) for memorization, bias, and zero-shot performance. Current approaches for evaluating these types…
Large language models (LLMs) have demonstrated unprecedented emergent capabilities, including content generation, translation, and simulation of human behavior. Field experiments, on the other hand, are widely employed in social studies to…
Large language models (LLMs) are the result of a massive experiment in bottom-up, data-driven reverse engineering of language at scale. Despite their utility in a number of downstream NLP tasks, ample research has shown that LLMs are…
Large language models (LLMs) cannot be trusted for economic forecasts during periods covered by their training data. Counterfactual forecasting ability is non-identified when the model has seen the realized values: any observed output is…
Large Language Models (LLMs) have shown remarkable performance across diverse tasks without domain-specific training, fueling interest in their potential for time-series forecasting. While LLMs have shown potential in zero-shot forecasting…
Backtesting large language models (LLMs) on historical financial data is unreliable because pre-training cuts off after the events happened. An LLM trained in 2024 already "knows" which way 2018-2020 stocks moved. We name this failure…
Applying LLMs to predictive tasks in finance is challenging due to look-ahead bias resulting from their training on long time-series data. This precludes the backtests typically employed in finance since retraining frontier models from…
The dissemination of false information on online platforms presents a serious societal challenge. While manual fact-checking remains crucial, Large Language Models (LLMs) offer promising opportunities to support fact-checkers with their…
In our era of widespread false information, human fact-checkers often face the challenge of duplicating efforts when verifying claims that may have already been addressed in other countries or languages. As false information transcends…
Unlocking the potential of Large Language Models (LLMs) in data classification represents a promising frontier in natural language processing. In this work, we evaluate the performance of different LLMs in comparison with state-of-the-art…
Large language models (LLMs) are widely applied across diverse domains, raising concerns about their limitations and potential risks. In this study, we investigate two types of bias that LLMs may display: stereotype bias and deviation bias.…
Large Language Models (LLMs) are increasingly used for accessing information on the web. Their truthfulness and factuality are thus of great interest. To help users make the right decisions about the information they get, LLMs should not…
Large Language Models (LLMs) encapsulate a surprising amount of factual world knowledge. However, their performance on temporal questions and historical knowledge is limited because they often cannot understand temporal scope and…
Large language models (LLMs) are increasingly used in statistical research and applications. However,they are also notorious for unreliable or biased information. Here, we explore whether LLMs can be used to improve the precision of…
Large Language Models (LLMs) demonstrate partial forecasting competence across social, political, and economic events. Yet, their predictive ability varies sharply with domain structure and prompt framing. We investigate how forecasting…
Bias in large language models (LLMs) has many forms, from overt discrimination to implicit stereotypes. Counterfactual bias evaluation is a widely used approach to quantifying bias and often relies on template-based probes that explicitly…
This study introduces a hypothesis-testing framework to assess whether large language models (LLMs) possess genuine reasoning abilities or primarily depend on token bias. We go beyond evaluating LLMs on accuracy; rather, we aim to…
Advancements in Large Language Models (LLMs) have increased the performance of different natural language understanding as well as generation tasks. Although LLMs have breached the state-of-the-art performance in various tasks, they often…
Large Language Models (LLMs) have demonstrated impressive performance in time series analysis and seems to understand the time temporal relationship well than traditional transformer-based approaches. However, since LLMs are not designed…