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Large Language Models (LLMs) are increasingly adopted in financial analysis for interpreting complex market data and trends. However, their use is challenged by intrinsic biases (e.g., risk-preference bias) and a superficial understanding…

Computation and Language · Computer Science 2024-07-02 Yuhang Zhou , Yuchen Ni , Yunhui Gan , Zhangyue Yin , Xiang Liu , Jian Zhang , Sen Liu , Xipeng Qiu , Guangnan Ye , Hongfeng Chai

Large Language Models (LLMs) have demonstrated impressive capabilities in reasoning, positioning them as promising tools for supporting human problem-solving. However, what happens when their performance is affected by misinformation, i.e.,…

Computation and Language · Computer Science 2025-09-24 Yiyang Feng , Yichen Wang , Shaobo Cui , Boi Faltings , Mina Lee , Jiawei Zhou

Large Language Models (LLMs) are increasingly integrated into financial workflows, but evaluation practice has not kept up. Finance-specific biases can inflate performance, contaminate backtests, and make reported results useless for any…

Large language models (LLMs) encapsulate vast amounts of knowledge but still remain vulnerable to external misinformation. Existing research mainly studied this susceptibility behavior in a single-turn setting. However, belief can change…

Computation and Language · Computer Science 2024-06-03 Rongwu Xu , Brian S. Lin , Shujian Yang , Tianqi Zhang , Weiyan Shi , Tianwei Zhang , Zhixuan Fang , Wei Xu , Han Qiu

Conversational AI has been proposed as a scalable way to correct public misconceptions and spread misinformation. Yet its effectiveness may depend on perceptions of its political neutrality. As LLMs enter partisan conflict, elites…

Computation and Language · Computer Science 2026-02-23 Matthew DiGiuseppe , Joshua Robison

The rapid advancements in Large Language Models (LLMs) have unlocked transformative possibilities in natural language processing, particularly within the financial sector. Financial data is often embedded in intricate relationships across…

Statistical Finance · Quantitative Finance 2026-05-21 Alejandro Lopez-Lira , Jihoon Kwon , Sangwoon Yoon , Jy-yong Sohn , Chanyeol Choi

We propose novel evaluations for mathematical reasoning capabilities of Large Language Models (LLMs) based on mathematical misconceptions. Our primary approach is to simulate LLMs as a novice learner and an expert tutor, aiming to identify…

Computation and Language · Computer Science 2023-10-05 Naiming Liu , Shashank Sonkar , Zichao Wang , Simon Woodhead , Richard G. Baraniuk

Financial literacy and financial education are important components of modern life. The importance of financial literacy is increasing for financial consumers because of the weakening of both government and employer-based retirement…

General Economics · Economics 2021-04-23 Paul Bechly

Large language models (LLMs) have been widely applied across various domains of finance. Since their training data are largely derived from human-authored corpora, LLMs may inherit a range of human biases. Behavioral biases can lead to…

Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the cognitive psychology and experimental…

General Economics · Economics 2026-02-11 Pietro Bini , Lin William Cong , Xing Huang , Lawrence J. Jin

Modeling plausible student misconceptions is critical for AI in education. In this work, we examine how large language models (LLMs) reason about misconceptions when generating multiple-choice distractors, a task that requires modeling…

Computation and Language · Computer Science 2026-03-17 Yanick Zengaffinen , Andreas Opedal , Donya Rooein , Kv Aditya Srivatsa , Shashank Sonkar , Mrinmaya Sachan

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

Social biases and belief-driven behaviors can significantly impact Large Language Models (LLMs) decisions on several tasks. As LLMs are increasingly used in multi-agent systems for societal simulations, their ability to model fundamental…

Computation and Language · Computer Science 2025-10-09 Angana Borah , Marwa Houalla , Rada Mihalcea

Large Language Models (LLMs) have emerged as a new information channel. Meanwhile, one critical but under-explored question is: Is it possible to bypass the safety alignment and inject harmful information into LLMs stealthily? In this…

In finance, Large Language Models (LLMs) face frequent knowledge conflicts arising from discrepancies between their pre-trained parametric knowledge and real-time market data. These conflicts are especially problematic in real-world…

Portfolio Management · Quantitative Finance 2025-10-20 Hoyoung Lee , Junhyuk Seo , Suhwan Park , Junhyeong Lee , Wonbin Ahn , Chanyeol Choi , Alejandro Lopez-Lira , Yongjae Lee

What makes an interaction with the LLM more preferable for the user? While it is intuitive to assume that information accuracy in the LLM's responses would be one of the influential variables, recent studies have found that inaccurate LLM's…

Computation and Language · Computer Science 2025-04-25 Rendi Chevi , Kentaro Inui , Thamar Solorio , Alham Fikri Aji

The widespread public deployment of large language models (LLMs) in recent months has prompted a wave of new attention and engagement from advocates, policymakers, and scholars from many fields. This attention is a timely response to the…

Computation and Language · Computer Science 2023-04-04 Samuel R. Bowman

Users seek security & privacy (S&P) advice from online resources, including trusted websites and content-sharing platforms. These resources help users understand S&P technologies and tools and suggest actionable strategies. Large Language…

Human-Computer Interaction · Computer Science 2023-10-05 Yufan Chen , Arjun Arunasalam , Z. Berkay Celik

The emergence of social media has made the spread of misinformation easier. In the financial domain, the accuracy of information is crucial for various aspects of financial market, which has made financial misinformation detection (FMD) an…

Computation and Language · Computer Science 2025-05-19 Zhiwei Liu , Xin Zhang , Kailai Yang , Qianqian Xie , Jimin Huang , Sophia Ananiadou

In the absence of abundant reliable annotations for challenging tasks and contexts, how can we expand the frontier of LLM capabilities with potentially wrong answers? We focus on two research questions: (1) Can LLMs generate reliable…

Computation and Language · Computer Science 2024-10-16 Jihan Yao , Wenxuan Ding , Shangbin Feng , Lucy Lu Wang , Yulia Tsvetkov
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