arXiv AI By Kazutoshi Sasahara, Aoi Naito, Ryo Fujie

A latent dimension of Condorcet's jury theorem for multiple AI advisers

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arXiv Computation and Language
Oct 19

Same Person, Different Advice: Auditing LLM Financial Advice with Repeated Risk-Tolerance Responses

The study examines how large language models (LLMs) provide financial advice based on a single risk‑tolerance question, finding that both human respondents and LLMs exhibit significant variability when the same question is repeated. In a national US panel, 41% of households changed their risk answer after two years, and in a lab retest a third changed by two or more points on a 0‑10 scale after six months. When LLMs were given 800 real household profiles with only the risk answer altered, the recommended stock allocation shifted by 10–16 percentage points on average, and by 24–35 points when the answer changed, compared to minimal swings when the same prompt was repeated. The study also shows that adding clarifying questions or noting answer noise can reduce these swings, especially for younger clients and those with extreme risk attitudes. whyItMatters":"The findings highlight that LLMs can produce markedly different financial advice from a single, potentially unreliable risk‑tolerance response, underscoring the need for repeat‑testing and transparency in AI‑driven financial recommendations."

By Soovadeep Bakshi, Apurba Bose, Aishwarya Bose, Sandip Nandi
arXiv AI
Sep 7

Measuring AI Accountability Through Argumentation Analysis: Can Model Reasoning Withstand Scrutiny?

The paper proposes a new method for evaluating AI accountability by analyzing the structural quality of a model’s defense for its decisions, using a four‑phase dialectical protocol based on Walton’s argumentation schemes and Govier’s criteria. Applied to nine large language models and 200 ambiguous moral-choice items, the study finds that models generally defend their reasoning well above the rubric minimum, though failures cluster on grounds and sufficiency and correlate with epistemic hedging. The protocol also reveals that models often present different argument schemes in justification than in reasoning, detects indefensible defenses, and highlights challenges in assessing retraction in AI alignment.

By Daan R. Henselmans, Derck W. E. Prinzhorn, Arno Libert