Author

Lulu Wang

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Jul 2026

Emergent Latent-State Computation under Stochastic Volatility

Stochastic volatility models provide a useful benchmark for mechanistic interpretability under noisy latent dynamics and partial observability, and output-head replacement shows that part of the degradation under noisy MSE training arises from readout misalignment rather than representation failure.

Xiaoyun Huang, Lulu Wang · arXiv.org · 0 citations