Dagang Li

h-index16
2papers
999citations

2 Papers

5.5CLMay 27
FinBoardBench: Benchmarking Dynamic Wealth Management and Strategic Financial Reasoning of LLMs via Board Game Simulations

Xuesi Hu, Peng Wang, Jinpeng Miao et al.

Recently, large language models (LLMs) have achieved superior performance in static financial reasoning and simple dynamic trading tasks. However, existing static financial benchmarks are insufficient to assess the dynamic wealth management and financial decision-making capabilities of LLMs in real-world environments. To bridge this gap, we present FinBoardBench, an evaluation suite based on three classic financial board games: Cashflow, Acquire, and Monopoly. FinBoardBench assesses a comprehensive set of financial skills, including personal cash flow management with debt balancing, corporate investment and acquisition forecasting, and competitive trade negotiations with asset auctions. Our experiments with 9 advanced LLMs reveal that while exhibiting basic long-term planning and investment logic, they fail to effectively leverage complex interactions for profit, and their strong static reasoning performance does not transform into successful dynamic decision-making. Notably, they tend to prioritize immediate asset acquisition over maintaining sufficient liquidity, making them vulnerable to financial crises triggered by random events. We hope that FinBoardBench can provide a valuable reference for more intelligent LLM-based decision-making systems in the future.

2.5CRSep 18, 2017
Introduction of Improved Repairing Locality into Secret Sharing Schemes with Perfect Security

Yue Fu, Shuhao Sun, Dagang Li et al.

Repairing locality is an appreciated feature for distributed storage, in which a damaged or lost data share can be repaired by accessing a subset of other shares much smaller than is required for decoding the complete data. However for Secret Sharing (SS) schemes, it has been proven theoretically that local repairing can not be achieved with perfect security for the majority of threshold SS schemes, where all the shares are equally regarded in both secret recovering and share repairing. In this paper we make an attempt on decoupling the two processes to make secure local repairing possible. Dedicated repairing redundancies only for the repairing process are generated, which are random numbers to the original secret. Through this manner a threshold SS scheme with improved repairing locality is achieved on the condition that security of repairing redundancies is ensured, or else our scheme degenerates into a perfect access structure that is equivalent to the best existing schemes can do. To maximize security of the repairing redundancies, a random placement mechanism is also proposed.