Same Claim, Different Judgment: Benchmarking Scenario-Induced Bias in Multilingual Financial Misinformation Detection
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Abstract (arXiv)
Large language models (LLMs) have been widely applied across various domains of finance. Since their training data are largely derived from human-authored corpora, LLMs may inherit a range of human biases. Behavioral biases can lead to instability and uncertainty in decision-making, particularly when processing financial information. However, existing research on LLM bias has mainly focused on direct questioning or simplified, general-purpose settings, with limited consideration of the complex real-world financial environments and high-risk, context-sensitive, multilingual financial misinformation detection tasks MFMD. In this work, we propose MFMDScen, a comprehensive benchmark for evaluating behavioral biases of LLMs in MFMD across diverse economic scenarios. In collaboration with financial experts, we construct three types of complex financial scenarios: (i) role- and personality-based, (ii) role- and region-based, and (iii) role-based scenarios incorporating ethnicity and religious beliefs. We further develop a multilingual financial misinformation dataset covering English, Chinese, Greek, and Bengali. By integrating these scenarios with misinformation claims, MFMDScen enables a systematic evaluation of 22 mainstream LLMs. Our findings reveal that pronounced behavioral biases persist across both commercial and open-source models. This project is available at https://github.com/lzw108/FMD.
Key facts. Cited by 2 papers in the map (data through 7 Oct 2026). Builds on 13 of its 47 references that are in the map. First posted on arXiv 8 Jan 2026.
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13 of 47 references.
References · 13
- 2023BloombergGPT: A Large Language Model for Financecited by 923
- 2024Cognitive Bias in Decision-Making with LLMscited by 104
- 2024Systematic Biases in LLM Simulations of Debatescited by 98
- 2022MDFEND: Multi-domain Fake News Detectioncited by 68
- 2020BanFakeNews: A Dataset for Detecting Fake News in Banglacited by 40
- 2022CHEF: A Pilot Chinese Dataset for Evidence-Based Fact-Checkingcited by 37
- 2024A Comprehensive Survey of Bias in LLMs: Current Landscape and Future Directionscited by 27
- 2023Fin-Fact: A Benchmark Dataset for Multimodal Financial Fact Checking and Explanation Generationcited by 25
- 2024FinDVer: Explainable Claim Verification over Long and Hybrid-Content Financial Documentscited by 19
- 2024Gender Bias in LLM-generated Interview Responsescited by 10
- 2023Investigating Online Financial Misinformation and Its Consequences: A Computational Perspectivecited by 8
- 2023BanMANI: A Dataset to Identify Manipulated Social Media News in Banglacited by 3
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