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Searching for new effective risk factors on stock returns is an important research topic in asset pricing. Factor modeling is an active research topic in statistics and econometrics, with many new advances. However, these new methods have…

风险管理 · 定量金融 2024-09-27 Xialu Liu , John Guerard , Rong Chen , Ruey Tsay

In the burgeoning domain of Large Language Models (LLMs), there is a growing interest in applying LLM to time series forecasting, with multiple studies focused on leveraging textual prompts to further enhance the predictive prowess. This…

机器学习 · 计算机科学 2024-11-19 Peisong Niu , Tian Zhou , Xue Wang , Liang Sun , Rong Jin

Large Language Models (LLMs), with their remarkable ability to tackle challenging and unseen reasoning problems, hold immense potential for tabular learning, that is vital for many real-world applications. In this paper, we propose a novel…

机器学习 · 计算机科学 2024-05-07 Sungwon Han , Jinsung Yoon , Sercan O Arik , Tomas Pfister

Financial markets are an intriguing place that offer investors the potential to gain large profits if timed correctly. Unfortunately, the dynamic, non-linear nature of financial markets makes it extremely hard to predict future price…

机器学习 · 计算机科学 2023-05-09 Daniel Boyle , Jugal Kalita

Instruction-following LLMs have recently allowed systems to discover hidden concepts from a collection of unstructured documents based on a natural language description of the purpose of the discovery (i.e., goal). Still, the quality of the…

We propose a statistical framework built on latent variable modeling for scaling laws of large language models (LLMs). Our work is motivated by the rapid emergence of numerous new LLM families with distinct architectures and training…

Modern quantitative trading increasingly relies on systematic models to extract predictive signals from large-scale financial data, where alpha factor discovery plays a central role in transforming market observations into tradable signals.…

计算工程、金融与科学 · 计算机科学 2026-05-18 Lingzhe Zhang , Tong Jia , Yunpeng Zhai , Zixuan Xie , Chiming Duan , Minghua He , Philip S. Yu , Ying Li

Travel behavior prediction is a core problem in transportation demand management and is traditionally addressed using numerical models calibrated on observed data. With recent advances in large language models (LLMs), new opportunities have…

机器学习 · 计算机科学 2026-03-12 Baichuan Mo , Hanyong Xu , Ruoyun Ma , Jung-Hoon Cho , Dingyi Zhuang , Xiaotong Guo , Jinhua Zhao

The real estate market is vital to global economies but suffers from significant information asymmetry. This study examines how Large Language Models (LLMs) can democratize access to real estate insights by generating competitive and…

人工智能 · 计算机科学 2025-10-01 Margot Geerts , Manon Reusens , Bart Baesens , Seppe vanden Broucke , Jochen De Weerdt

Using Large Language Models (LLMs) to generate semantic features has been demonstrated as a powerful paradigm for enhancing Sequential Recommender Systems (SRS). This typically involves three stages: processing item text, extracting…

信息检索 · 计算机科学 2026-01-29 Kainan Shi , Peilin Zhou , Ge Wang , Han Ding , Fei Wang

Recent advances in large language models (LLMs) have enabled multi-agent reasoning systems capable of collaborative decision-making. However, in financial analysis, most frameworks remain narrowly focused on either isolated single-agent…

计算工程、金融与科学 · 计算机科学 2025-10-28 Chen-Che Lu , Yun-Cheng Chou , Teng-Ruei Chen

Performance forecasting is an age-old problem in economics and finance. Recently, developments in machine learning and neural networks have given rise to non-linear time series models that provide modern and promising alternatives to…

统计金融 · 定量金融 2022-01-21 Carmina Fjellström

Although Large Language Models (LLMs) excel at addressing straightforward reasoning tasks, they frequently struggle with difficulties when confronted by more complex multi-step reasoning due to a range of factors. Firstly, natural language…

计算与语言 · 计算机科学 2024-02-22 Kewei Cheng , Nesreen K. Ahmed , Theodore Willke , Yizhou Sun

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…

计算机与社会 · 计算机科学 2025-05-22 Yaoyu Chen , Yuheng Hu , Yingda Lu

I introduce a survey of economic expectations formed by querying a large language model (LLM)'s expectations of various financial and macroeconomic variables based on a sample of news articles from the Wall Street Journal between 1984 and…

综合经济学 · 经济学 2023-05-08 Leland Bybee

Missing data imputation is a critical challenge in various domains, such as healthcare and finance, where data completeness is vital for accurate analysis. Large language models (LLMs), trained on vast corpora, have shown strong potential…

机器学习 · 计算机科学 2025-08-26 Xinrui He , Yikun Ban , Jiaru Zou , Tianxin Wei , Curtiss B. Cook , Jingrui He

Reinforcement learning (RL) has emerged as a transformative approach for financial trading, enabling dynamic strategy optimization in complex markets. This study explores the integration of sentiment analysis, derived from large language…

计算金融 · 定量金融 2024-11-19 Ananya Unnikrishnan

Accurate modeling of car-following behaviors is essential for various applications in traffic management and autonomous driving systems. However, current approaches often suffer from limitations like high sensitivity to data quality and…

人工智能 · 计算机科学 2024-07-09 Xianda Chen , Mingxing Peng , PakHin Tiu , Yuanfei Wu , Junjie Chen , Meixin Zhu , Xinhu Zheng

Conventional predictive modeling of parametric relationships in manufacturing processes is limited by the subjectivity of human expertise and intuition on the one hand and by the cost and time of experimental data generation on the other…

计算与语言 · 计算机科学 2025-06-26 Kiarash Naghavi Khanghah , Anandkumar Patel , Rajiv Malhotra , Hongyi Xu

Recent advances in large language models (LLMs) have opened new possibilities for artificial intelligence applications in finance. In this paper, we provide a practical survey focused on two key aspects of utilizing LLMs for financial…

综合金融 · 定量金融 2024-07-10 Yinheng Li , Shaofei Wang , Han Ding , Hang Chen