2 papers
q-fin.GN2025
Anonymization and Information Loss
Ke Wu, Baozhong Yang, Zhenkun Ying +1
We show that while anonymization effectively obscures firm identity, it significantly reduces the power of textual understanding, thereby diminishing models' ability to extract mea…
q-fin.GN2025
The Promise and Peril of Generative AI: Evidence from GPT as Sell-Side Analysts
Edward Li, Min Shen, Zhiyuan Tu +1
Large language models (LLMs) promise to democratize financial analysis by reducing information-processing costs. Yet equal access does not ensure equal outcomes, as the locus of fr…