arXiv Machine Learning

How Proper Scoring Rules Shape LLM Forecasting

The paper investigates how different proper scoring rules influence the performance and behavior of large language model (LLM) forecasters. Five scoring rules were compared as training objectives for binary forecasts of real-world events, revealing that while they all theoretically incentivize truthful probability reporting, they produce models with varying calibration, probability usage, and bias, information, and noise profiles. The Brier-trained model achieved the lowest Brier score and highest AUC-ROC, whereas the log-trained model achieved the best log score and lowest calibration error, indicating that scoring rule choice can shape both forecast accuracy and error structure.

arXiv AI
Oct 19

AlphaBet: Reinforcement Learning for LLM Event Forecasting Agents

AlphaBet is a reinforcement learning framework that trains a single large language model to search for evidence, reason about it, and report probabilities for unresolved events across multiple pre-resolution dates. By scoring each dated forecast with a proper scoring rule, AlphaBet uses one resolved event to supervise decisions under varying information states, decomposing forecasting regret into evidence-acquisition and probability-reporting gaps. Experiments on GLM-4.5-Air show that AlphaBet improves Brier scores on Forecast-Dojo and FutureX, attributing gains to multi-date training and better information acquisition and probability reporting.

By Liqin Ye, Rongzhi Zhang, Xin Liu, Zheng Li, Yuan He, Qingyu Yin, Priyanka Nigam, Chao Zhang
arXiv Machine Learning
Sep 7

Forecast Skill Is Not Decision Skill: Evidence from Weather-Dependent Decision Tasks

The paper argues that traditional weather forecast evaluations, which focus on statistical comparisons between forecasts and observations, do not adequately capture how forecasts influence real-world decisions. It introduces decision calibration, a framework that assesses probabilistic forecast performance from the decision-maker’s perspective. Using this framework, the authors compare a machine learning model to a classical numerical weather prediction model across various weather-dependent decision tasks, finding that forecast-level performance does not reliably predict decision-level outcomes and that model rankings can shift depending on the decision context.

By Kornelius Raeth, Nicole Ludwig
arXiv AI
Sep 25

Forecast-Dojo: Replayable Environments for Benchmarking and Training LLM Forecasting Agents

Forecast-Dojo is a replayable environment designed to benchmark and train large language model (LLM) forecasting agents. It integrates resolved prediction‑market questions with dated news, enabling agents to research events and revisit predictions at successive historical dates. The platform includes 1,568 Polymarket events, 18.8 million dated news articles, and supports repeated evaluation, training interactions, and outcome feedback, with evidence that research tools lower Brier scores across 12 tested models, though all models still lag behind historical market forecasts.

By Liqin Ye, Haorui Wang, Fardin Ahmed, Rongzhi Zhang, Yuan He, Ziyuan Lin, Yanbin Yin, Jing Peng, Michael Galarnyk, Sudheer Chava, Chao Zhang
arXiv AI
2d ago

Predict the Reward, Not the World: World Reward Models for ML Agents

The paper introduces World Reward Models (WRMs), a new approach for machine‑learning agents that selects the best candidate program directly from execution results instead of predicting intermediate outcomes. WRMs, exemplified by the ForeCritic model, are trained on thousands of executed program pairs and achieve a 79.4% success rate in choosing the better program, outperforming general‑purpose LLM judges. When integrated into systems like AIDE, ML‑Master, and ForeAgent, ForeCritic reduces mean task time by 4.4–7.5× while maintaining or improving overall performance.

By Yuxiao Lee, Zherui Yang, Fan Liu, Hao Liu
arXiv AI
2d ago

Vendster: An Evaluation Arena to Investigate How Forecasting Tool Quality Affects LLM Agent Behaviors in Buyer-Vendor Negotiation

Vendster is an evaluation arena that studies how the bias and prediction‑interval width of time‑series forecasters influence the outcomes of buyer‑vendor discount negotiations conducted by large language model (LLM) agents. In its reference instance, Vendster‑M5, forecasts generated by LLMs increased sales target attainment by up to 17 percentage points, yet traditional forecast accuracy metrics did not predict negotiation success. Controlled experiments revealed that under‑prediction bias significantly improves outcomes for agents that react strongly to forecasts, while interval width has no notable effect when bias is zero.

By Charin Polpanumas
arXiv AI
Jun 30

Diversity is the Strength of the AI Crowd

arXiv:2606. 29661v1 Announce Type: new Abstract: Top AI forecasting systems are approaching superforecaster-level accuracy on future world events, but still rely primarily on off-the-shelf LLMs combined with forecasting-specific context gathering and scaffolding.

By Matthew Aitchison, Scott Jeen, Toby Shevlane, Ben Day
Hugging Face Trending Papers
Jun 29

Diversity is the Strength of the AI Crowd

Top AI forecasting systems are approaching superforecaster-level accuracy on future world events, but still rely primarily on off-the-shelf LLMs combined with forecasting-specific context gathering and scaffolding. We study how to improve this recipe through ensembling: given a fixed number of samples, which off-the-shelf model forecasts should be combined to maximize accuracy?