Related papers: Evaluating LLMs in Finance Requires Explicit Bias …
Medical large language models (LLMs) research often makes bold claims, from encoding clinical knowledge to reasoning like a physician. These claims are usually backed by evaluation on competitive benchmarks; a tradition inherited from…
Recent literature has suggested the potential of using large language models (LLMs) to make classifications for tabular tasks. However, LLMs have been shown to exhibit harmful social biases that reflect the stereotypes and inequalities…
Large language models (LLMs) enable researchers to analyze text at unprecedented scale and minimal cost. Researchers can now revisit old questions and tackle novel ones with rich data. We provide an econometric framework for realizing this…
Solving financial problems demands complex reasoning, multimodal data processing, and a broad technical understanding, presenting unique challenges for current large language models (LLMs). We introduce XFinBench, a novel benchmark with…
An essential aspect of evaluating Large Language Models (LLMs) is identifying potential biases. This is especially relevant considering the substantial evidence that LLMs can replicate human social biases in their text outputs and further…
Large language models (LLMs) are being rapidly integrated into decision-support tools, automation workflows, and AI-enabled software systems. However, their behavior in production environments remains poorly understood, and their failure…
In the financial industry, credit scoring is a fundamental element, shaping access to credit and determining the terms of loans for individuals and businesses alike. Traditional credit scoring methods, however, often grapple with challenges…
Fair decisions require ignoring irrelevant, potentially biasing, information. To achieve this, decision-makers need to approximate what decision they would have made had they not known certain facts, such as the gender or race of a job…
In this paper, we explore how large language models (LLMs) approach financial decision-making by systematically comparing their responses to those of human participants across the globe. We posed a set of commonly used financial…
Unit testing is a fundamental practice in modern software engineering, with the aim of ensuring the correctness, maintainability, and reliability of individual software components. Very recently, with the advances in Large Language Models…
Large language models (LLMs) are increasingly used in academic peer review, yet their reliability, alignment with human judgment, and robustness to adversarial attacks remain poorly understood. We present a systematic benchmark of…
This study introduces a benchmark framework for evaluating the financial decision-making capabilities of large language models (LLMs) through portfolio optimization problems with mathematically explicit solutions. Unlike existing financial…
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…
Large language models (LLMs) are increasingly being applied to financial analysis, reporting, investment decision support, risk management, compliance, and professional training. However, robust evaluation of their domain competence in…
The integration of Artificial Intelligence (AI) techniques, particularly large language models (LLMs), in finance has garnered increasing academic attention. Despite progress, existing studies predominantly focus on tasks like financial…
We introduce Look-Ahead-Bench, a standardized benchmark measuring look-ahead bias in Point-in-Time (PiT) Large Language Models (LLMs) within realistic and practical financial workflows. Unlike most existing approaches that primarily test…
Large Language Models (LLMs) are prone to inheriting and amplifying societal biases embedded within their training data, potentially reinforcing harmful stereotypes related to gender, occupation, and other sensitive categories. This issue…
Large language models (LLMs), especially when instruction-tuned for chat, have become part of our daily lives, freeing people from the process of searching, extracting, and integrating information from multiple sources by offering a…
Large language models (LLMs) are increasingly used in group decision-making, but their influence risks fostering conformity and reducing epistemic vigilance. Drawing on the Argumentative Theory of Reasoning, we argue that confirmation bias,…
Despite their widespread use in fact-checking, moderation, and high-stakes decision-making, large language models (LLMs) remain poorly understood as judges of truth. This study presents the largest evaluation to date of LLMs' veracity…