REGen: A Reliable Evaluation Framework for Generative Event Argument Extraction

Event argument extraction identifies arguments for predefined event roles in text. Existing work evaluates this task with exact match (EM), where predicted arguments must align exactly with annotated spans. While suitable for span-based models, this approach falls short for large language models (LLMs), which often generate diverse yet semantically accurate arguments. EM severely underestimates performance by disregarding valid variations. Furthermore, EM evaluation fails to capture implicit arguments (unstated but inferable) and scattered arguments (distributed across a document). These limitations underscore the need for an evaluation framework that better captures models' actual performance. To bridge this gap, we introduce REGen, a Reliable Evaluation framework for Generative event argument extraction. REGen combines the strengths of exact, relaxed, and LLM-based matching to better align with human judgment. Experiments on six datasets show that REGen reveals an average performance gain of +23.93 F1 over EM, reflecting capabilities overlooked by prior evaluation. Human validation further confirms REGen's effectiveness, achieving 87.67% alignment with human assessments of argument correctness.