mlsanityData to 7 Oct 2026

Interpretable Probability Estimation with LLMs via Shapley Reconstruction

arXiv 2601.09151 ↗First posted 14 Jan 2026cs.LGcited by 1

On the map: LLM reasoning → Test-time compute and efficient thinking

Abstract (arXiv)

Large Language Models (LLMs) demonstrate potential to estimate the probability of uncertain events, by leveraging their extensive knowledge and reasoning capabilities. This ability can be applied to support intelligent decision-making across diverse fields, such as financial forecasting and preventive healthcare. However, directly prompting LLMs for probability estimation faces significant challenges: their outputs are often noisy, and the underlying predicting process is opaque. In this paper, we propose PRISM: Probability Reconstruction via Shapley Measures, a framework that brings transparency and precision to LLM-based probability estimation. PRISM decomposes an LLM's prediction by quantifying the marginal contribution of each input factor using Shapley values. These factor-level contributions are then aggregated to reconstruct a calibrated final estimate. In our experiments, we demonstrate PRISM improves predictive accuracy over direct prompting and other baselines, across multiple domains including finance, healthcare, and agriculture. Beyond performance, PRISM provides a transparent prediction pipeline: our case studies visualize how individual factors shape the final estimate, helping build trust in LLM-based decision support systems.

Key facts. Cited by 1 paper in the map (data through 7 Oct 2026). Placed in Test-time compute and efficient thinking, one of 17 directions in LLM reasoning. Builds on 15 of its 35 references that are in the map. First posted on arXiv 14 Jan 2026.

Builds on

15 of 35 references.

References · 15

  1. 2020Language Models are Few-Shot Learnerscited by 32,199
  2. 2022Chain-of-Thought Prompting Elicits Reasoning in Large Language Modelscited by 12,302
  3. 2017A Unified Approach to Interpreting Model Predictionscited by 6,488
  4. 2022Self-Consistency Improves Chain of Thought Reasoning in Language Modelscited by 5,601
  5. 2023Large Language Models are Effective Text Rankers with Pairwise Ranking Promptingcited by 302
  6. 2022TabLLM: Few-shot Classification of Tabular Data with Large Language Modelscited by 273
  7. 2024Aligning with Human Judgement: The Role of Pairwise Preference in Large Language Model Evaluatorscited by 146
  8. 2024FinBen: A Holistic Financial Benchmark for Large Language Modelscited by 140
  9. 2023Table Meets LLM: Can Large Language Models Understand Structured Table Data? A Benchmark and Empirical Studycited by 116
  10. 2024TokenSHAP: Interpreting Large Language Models with Monte Carlo Shapley Value Estimationcited by 41
  11. 2024BIRD: A Trustworthy Bayesian Inference Framework for Large Language Modelscited by 18
  12. 2025Extracting Probabilistic Knowledge from Large Language Models for Bayesian Network Parameterizationcited by 15
3 more
  1. 2024Large Language Model Capabilities in Perioperative Risk Prediction and Prognosticationcited by 11
  2. 2024SyntaxShap: Syntax-aware Explainability Method for Text Generationcited by 11
  3. 2025Predicting Language Models' Success at Zero-Shot Probabilistic Predictioncited by 2

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Citing papers per year: 2026: 1.

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  1. 2025Always Tell Me The Odds: Fine-grained Conditional Probability Estimation
  2. 2026From Stochastic Answers to Verifiable Reasoning: Interpretable Decision-Making with LLM-Generated Code
  3. 2026IDEA: An Interpretable and Editable Decision-Making Framework for LLMs via Verbal-to-Numeric Calibration
  4. 2025Measuring What LLMs Think They Do: SHAP Faithfulness and Deployability on Financial Tabular Classification
  5. 2026LLM-based Agents for Forecasting and Prediction: Methods, Training, Evaluation, and Applications
  6. 2025OpenEstimate: Evaluating LLMs on Reasoning Under Uncertainty with Real-World Data
  7. 2025Reasoning Under Uncertainty: Exploring Probabilistic Reasoning Capabilities of LLMs
  8. 2025Interpreting LLMs as Credit Risk Classifiers: Do Their Feature Explanations Align with Classical ML?