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Yihan Hong

Publications and source records attributed to Yihan Hong.

2 recordsLinked to original sources

From Rubrics to Reliable Scores: Evidence-Grounded Text Evaluation with LLM Judges

Rubric-based text evaluation increasingly relies on large language models (LLMs) as scalable judges, yet frozen black-box models can interpret the same criteria inconsistently, produce score attributions that are difficult to audit, and map judgments poorly onto human scoring scales. We define this challenge as criteria transfer: translating human rubric intent into a stable, auditable inference-time scoring protocol. We introduce Rulers, which locks a task-level rubric specification, executes it through structured, evidence-grounded judgments, and calibrates the resulting signals to human score boundaries. Across four rubric-governed benchmarks and multiple frozen backbone models, Rulers achieves stronger agreement with human scores in most evaluated settings, while better matching empirical score distributions and remaining more stable under semantically equivalent rubric perturbations. Calibration controls and component ablations show that these gains cannot be attributed to post-hoc alignment alone, but depend on the combination of fixed criteria, traceable evidence, and calibrated score interpretation. These findings suggest that reliable LLM judging requires faithfully operationalizing human evaluation standards rather than relying on prompt-level scoring alone. Our code is available at https://github.com/LabRAI/Rulers.git.

cs.CL

The Impact of Bitcoin ETF Approval on Bitcoin's Hedging Properties Against Traditional Assets

The approval of the Bitcoin Spot ETF in January 2024 marked a transformative event in cryptocurrency markets, signaling increased institutional adoption and integration into traditional finance. This study examines Bitcoin's changing relationships with traditional assets, including equities, gold, and fiat currencies, following this milestone. Using rolling correlation analysis, Chow tests, and DCC-GARCH models, we found that Bitcoin's correlation with the S\&P 500 increased significantly post-ETF approval, indicating stronger alignment with equities. Its relationship with gold stabilized near zero, while its correlation with the U.S. Dollar Index remained consistently negative, reflecting its continued independence from fiat currencies. These findings offer insights into Bitcoin's evolving role in portfolios, implications for market stability, and future research opportunities on cryptocurrency integration into traditional financial systems.

q-fin.GN