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Evaluating the quality of arguments is a crucial aspect of any system leveraging argument mining. However, it is a challenge to obtain reliable and consistent annotations regarding argument quality, as this usually requires domain-specific…
Collecting labeled datasets in finance is challenging due to scarcity of domain experts and higher cost of employing them. While Large Language Models (LLMs) have demonstrated remarkable performance in data annotation tasks on general…
The growing complexity and diversity of news coverage have made framing analysis a crucial yet challenging task in computational social science. Traditional approaches, including manual annotation and fine-tuned models, remain limited by…
In the context of text classification, the financial burden of annotation exercises for creating training data is a critical issue. Active learning techniques, particularly those rooted in uncertainty sampling, offer a cost-effective…
In recent years, Large Language Models (LLMs) have demonstrated remarkable versatility across various applications, including natural language understanding, domain-specific knowledge tasks, etc. However, applying LLMs to complex,…
Automated text annotation is a compelling use case for generative large language models (LLMs) in social media research. Recent work suggests that LLMs can achieve strong performance on annotation tasks; however, these studies evaluate LLMs…
Modern affective computing systems rely heavily on datasets with human-annotated emotion labels, for training and evaluation. However, human annotations are expensive to obtain, sensitive to study design, and difficult to quality control,…
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…
Data annotation, the practice of assigning descriptive labels to raw data, is pivotal in optimizing the performance of machine learning models. However, it is a resource-intensive process susceptible to biases introduced by annotators. The…
Large Language Models (LLMs), such as GPT-4 and BERT, have rapidly gained traction in natural language processing (NLP) and are now integral to financial decision-making. However, their deployment introduces critical challenges,…
Researchers have proposed the use of generative large language models (LLMs) to label data for research and applied settings. This literature emphasizes the improved performance of these models relative to other natural language models,…
Training emotion recognition models has relied heavily on human annotated data, which present diversity, quality, and cost challenges. In this paper, we explore the potential of Large Language Models (LLMs), specifically GPT4, in automating…
In the era of rapid digital communication, vast amounts of textual data are generated daily, demanding efficient methods for latent content analysis to extract meaningful insights. Large Language Models (LLMs) offer potential for automating…
Large Language Models (LLMs) have emerged as powerful support tools across various natural language tasks and a range of application domains. Recent studies focus on exploring their capabilities for data annotation. This paper provides a…
Large Language Models (LLMs) are increasingly being used to simulate human-like decision making in agent-based financial market models (ABMs). As models become more powerful and accessible, researchers can now incorporate individual LLM…
Pairwise preferences over model responses are widely collected to evaluate and provide feedback to large language models (LLMs). Given two alternative model responses to the same input, a human or AI annotator selects the "better" response.…
Do LLMs align with human perceptions of safety? We study this question via annotation alignment, the extent to which LLMs and humans agree when annotating the safety of user-chatbot conversations. We leverage the recent DICES dataset (Aroyo…
Low-resource languages face significant challenges due to the lack of sufficient linguistic data, resources, and tools for tasks such as supervised learning, annotation, and classification. This shortage hinders the development of accurate…
This study examines the potential of large language models (LLMs) to augment the academic peer review process by reliably evaluating the quality of economics research without introducing systematic bias. We conduct one of the first…
We investigate whether large language models (LLMs) can successfully perform financial statement analysis in a way similar to a professional human analyst. We provide standardized and anonymous financial statements to GPT4 and instruct the…