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Entity-level fine-grained sentiment analysis in the financial domain is a crucial subtask of sentiment analysis and currently faces numerous challenges. The primary challenge stems from the lack of high-quality and large-scale annotated corpora specifically designed for financial text sentiment analysis, which in turn limits the availability of data necessary for developing effective text processing techniques. Recent advancements in large language models (LLMs) have yielded remarkable performance in natural language processing tasks, primarily centered around language pattern matching. In this paper, we propose a novel and extensive Chinese fine-grained financial sentiment analysis dataset, FinChina SA, for enterprise early warning. We thoroughly evaluate and experiment with well-known existing open-source LLMs using our dataset. We firmly believe that our dataset will serve as a valuable resource to advance the exploration of real-world financial sentiment analysis tasks, which should be the focus of future research. The FinChina SA dataset is publicly available at //github.com/YerayL/FinChina-SA

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Reducing the cost and delay and improving quality are major issues for product and software development, especially in the automotive domain. Product line engineering is a wellknown approach to engineer systems with the aim to reduce costs and development time as well as to improve the product quality. Feature models enable to make logical selection of features and obtain a filtered set of assets that compose the product. We propose to use a color code in feature models to make possible decisions visual in the feature tree. The color code is explained and its use is illustrated. The completeness of the approach is discussed.

The effective detection of evidence of financial anomalies requires collaboration among multiple entities who own a diverse set of data, such as a payment network system (PNS) and its partner banks. Trust among these financial institutions is limited by regulation and competition. Federated learning (FL) enables entities to collaboratively train a model when data is either vertically or horizontally partitioned across the entities. However, in real-world financial anomaly detection scenarios, the data is partitioned both vertically and horizontally and hence it is not possible to use existing FL approaches in a plug-and-play manner. Our novel solution, PV4FAD, combines fully homomorphic encryption (HE), secure multi-party computation (SMPC), differential privacy (DP), and randomization techniques to balance privacy and accuracy during training and to prevent inference threats at model deployment time. Our solution provides input privacy through HE and SMPC, and output privacy against inference time attacks through DP. Specifically, we show that, in the honest-but-curious threat model, banks do not learn any sensitive features about PNS transactions, and the PNS does not learn any information about the banks' dataset but only learns prediction labels. We also develop and analyze a DP mechanism to protect output privacy during inference. Our solution generates high-utility models by significantly reducing the per-bank noise level while satisfying distributed DP. To ensure high accuracy, our approach produces an ensemble model, in particular, a random forest. This enables us to take advantage of the well-known properties of ensembles to reduce variance and increase accuracy. Our solution won second prize in the first phase of the U.S. Privacy Enhancing Technologies (PETs) Prize Challenge.

Backward reachability analysis computes the set of states that reach a target set under the competing influence of control input and disturbances. Depending on their interplay, the backward reachable set either represents all states that can be steered into the target set or all states that cannot avoid entering it -- the corresponding solutions can be used for controller synthesis and safety verification, respectively. A popular technique for backward reachable set computation solves Hamilton-Jacobi-Isaacs equations, which scales exponentially with the state dimension due to gridding the state space. In this work, we instead use set propagation techniques to design backward reachability algorithms for linear time-invariant systems. Crucially, the proposed algorithms scale only polynomially with the state dimension. Our numerical examples demonstrate the tightness of the obtained backward reachable sets and show an overwhelming improvement of our proposed algorithms over state-of-the-art methods regarding scalability, as systems with well over a hundred states can now be analyzed.

Thematic analysis and other variants of inductive coding are widely used qualitative analytic methods within empirical legal studies (ELS). We propose a novel framework facilitating effective collaboration of a legal expert with a large language model (LLM) for generating initial codes (phase 2 of thematic analysis), searching for themes (phase 3), and classifying the data in terms of the themes (to kick-start phase 4). We employed the framework for an analysis of a dataset (n=785) of facts descriptions from criminal court opinions regarding thefts. The goal of the analysis was to discover classes of typical thefts. Our results show that the LLM, namely OpenAI's GPT-4, generated reasonable initial codes, and it was capable of improving the quality of the codes based on expert feedback. They also suggest that the model performed well in zero-shot classification of facts descriptions in terms of the themes. Finally, the themes autonomously discovered by the LLM appear to map fairly well to the themes arrived at by legal experts. These findings can be leveraged by legal researchers to guide their decisions in integrating LLMs into their thematic analyses, as well as other inductive coding projects.

CoVaR (conditional value-at-risk) is a crucial measure for assessing financial systemic risk, which is defined as a conditional quantile of a random variable, conditioned on other random variables reaching specific quantiles. It enables the measurement of risk associated with a particular node in financial networks, taking into account the simultaneous influence of risks from multiple correlated nodes. However, estimating CoVaR presents challenges due to the unobservability of the multivariate-quantiles condition. To address the challenges, we propose a two-step nonparametric estimation approach based on Monte-Carlo simulation data. In the first step, we estimate the unobservable multivariate-quantiles using order statistics. In the second step, we employ a kernel method to estimate the conditional quantile conditional on the order statistics. We establish the consistency and asymptotic normality of the two-step estimator, along with a bandwidth selection method. The results demonstrate that, under a mild restriction on the bandwidth, the estimation error arising from the first step can be ignored. Consequently, the asymptotic results depend solely on the estimation error of the second step, as if the multivariate-quantiles in the condition were observable. Numerical experiments demonstrate the favorable performance of the two-step estimator.

Transformers have achieved remarkable success in various machine-learning tasks, prompting their widespread adoption. In this paper, we explore their application in the context of federated learning (FL), with a particular focus on heterogeneous scenarios where individual clients possess diverse local datasets. To meet the computational and communication demands of FL, we leverage pre-trained Transformers and use an efficient prompt-tuning strategy. Our strategy introduces the concept of learning both shared and group prompts, enabling the acquisition of universal knowledge and group-specific knowledge simultaneously. Additionally, a prompt selection module assigns personalized group prompts to each input, aligning the global model with the data distribution of each client. This approach allows us to train a single global model that can automatically adapt to various local client data distributions without requiring local fine-tuning. In this way, our proposed method effectively bridges the gap between global and personalized local models in Federated Learning and surpasses alternative approaches that lack the capability to adapt to previously unseen clients. The effectiveness of our approach is rigorously validated through extensive experimentation and ablation studies.

The existence of representative datasets is a prerequisite of many successful artificial intelligence and machine learning models. However, the subsequent application of these models often involves scenarios that are inadequately represented in the data used for training. The reasons for this are manifold and range from time and cost constraints to ethical considerations. As a consequence, the reliable use of these models, especially in safety-critical applications, is a huge challenge. Leveraging additional, already existing sources of knowledge is key to overcome the limitations of purely data-driven approaches, and eventually to increase the generalization capability of these models. Furthermore, predictions that conform with knowledge are crucial for making trustworthy and safe decisions even in underrepresented scenarios. This work provides an overview of existing techniques and methods in the literature that combine data-based models with existing knowledge. The identified approaches are structured according to the categories integration, extraction and conformity. Special attention is given to applications in the field of autonomous driving.

The accurate and interpretable prediction of future events in time-series data often requires the capturing of representative patterns (or referred to as states) underpinning the observed data. To this end, most existing studies focus on the representation and recognition of states, but ignore the changing transitional relations among them. In this paper, we present evolutionary state graph, a dynamic graph structure designed to systematically represent the evolving relations (edges) among states (nodes) along time. We conduct analysis on the dynamic graphs constructed from the time-series data and show that changes on the graph structures (e.g., edges connecting certain state nodes) can inform the occurrences of events (i.e., time-series fluctuation). Inspired by this, we propose a novel graph neural network model, Evolutionary State Graph Network (EvoNet), to encode the evolutionary state graph for accurate and interpretable time-series event prediction. Specifically, Evolutionary State Graph Network models both the node-level (state-to-state) and graph-level (segment-to-segment) propagation, and captures the node-graph (state-to-segment) interactions over time. Experimental results based on five real-world datasets show that our approach not only achieves clear improvements compared with 11 baselines, but also provides more insights towards explaining the results of event predictions.

Multi-relation Question Answering is a challenging task, due to the requirement of elaborated analysis on questions and reasoning over multiple fact triples in knowledge base. In this paper, we present a novel model called Interpretable Reasoning Network that employs an interpretable, hop-by-hop reasoning process for question answering. The model dynamically decides which part of an input question should be analyzed at each hop; predicts a relation that corresponds to the current parsed results; utilizes the predicted relation to update the question representation and the state of the reasoning process; and then drives the next-hop reasoning. Experiments show that our model yields state-of-the-art results on two datasets. More interestingly, the model can offer traceable and observable intermediate predictions for reasoning analysis and failure diagnosis, thereby allowing manual manipulation in predicting the final answer.

Aspect based sentiment analysis (ABSA) can provide more detailed information than general sentiment analysis, because it aims to predict the sentiment polarities of the given aspects or entities in text. We summarize previous approaches into two subtasks: aspect-category sentiment analysis (ACSA) and aspect-term sentiment analysis (ATSA). Most previous approaches employ long short-term memory and attention mechanisms to predict the sentiment polarity of the concerned targets, which are often complicated and need more training time. We propose a model based on convolutional neural networks and gating mechanisms, which is more accurate and efficient. First, the novel Gated Tanh-ReLU Units can selectively output the sentiment features according to the given aspect or entity. The architecture is much simpler than attention layer used in the existing models. Second, the computations of our model could be easily parallelized during training, because convolutional layers do not have time dependency as in LSTM layers, and gating units also work independently. The experiments on SemEval datasets demonstrate the efficiency and effectiveness of our models.

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