Large Language Model for Causal Decision Making

Large Language Models (LLMs) have shown their success in language understanding and reasoning on general topics. However, their capability to inference based on user-specified structured data and knowledge in corpus-rare concepts like causal decision-making is still limited. In this work, we explore the possibility of fine-tuning an open-sourced LLM into LLM4Causal, which can identify the causal task, execute a corresponding function, and interpret its numerical results based on users' queries and the provided dataset. Meanwhile, we propose a data generation process for more controllable GPT prompting and present two instruction-tuning datasets: (1) Causal-Retrieval-Bench for causal problem identification and input parameter extraction for causal function calling and (2) Causal-Interpret-Bench for in-context causal interpretation. With three case studies, we showed that LLM4Causal can deliver end-to-end solutions for causal problems and provide easy-to-understand answers. Numerical studies also reveal that it has a remarkable ability to identify the correct causal task given a query.

A Review on Graph Neural Network Methods in Financial Applications

Keeping the individual features and the complicated relations, graph data are widely utilized and investigated. Being able to capture the structural information by updating and aggregating nodes' representations, graph neural network (GNN) models are gaining popularity. In the financial context, the graph is constructed based on real-world data, which leads to complex graph structure and thus requires sophisticated methodology. In this work, we provide a comprehensive review of GNN models in recent financial context. We first categorize the commonly-used financial graphs and summarize the feature processing step for each node. Then we summarize the GNN methodology for each graph type, application in each area, and propose some potential research areas.