EVENT5Ws: A Large Dataset for Open-Domain Event Extraction from Documents

Event extraction is essential for event understanding and analysis. It supports tasks such as document summarization and decision-making in emergency scenarios. However, existing event extraction approaches have limitations: (1) closed-domain algorithms are restricted to predefined event types and thus rarely generalize to unseen types and (2) open-domain event extraction algorithms, capable of handling unconstrained event types, have largely overlooked the potential of large language models (LLMs) despite their advanced abilities. Additionally, they do not explicitly model document-level contextual, structural, and semantic reasoning, which are crucial for effective event extraction but remain challenging for LLMs due to lost-in-the-middle phenomenon and attention dilution. To address these limitations, we propose multimodal open-domain event extraction, MODEE , a novel approach for open-domain event extraction that combines graph-based learning with text-based representation from LLMs to model document-level reasoning. Empirical evaluations on large datasets demonstrate that MODEE outperforms state-of-the-art open-domain event extraction approaches and can be generalized to closed-domain event extraction, where it outperforms existing algorithms.

Event analysis is an essential and fundamental direction of information extraction, involving various event-centric tasks at different granularity of documents. While large language models (LLMs) have preliminarily achieved promising performance in part of these tasks individually, their capability in event analysis still lacks comprehensive understanding due to restricted document granularity, task designs, and data source of existing benchmarks. To address these limitations, we introduce MiGUE-Bench, a systematic benchmark for assessing the performance of LLMs in multi-granularity event analysis. To support large-scale evaluation, we first develop an LLM-driven self-correcting annotation framework called MiGUE-Pipeline, enabling scalable acquisition of high-quality source data of events with automatic labels. Then, we design four core tasks in our benchmark, i.e., event detection, relation reasoning, structure induction, and future prediction, to probe model competence at different levels, from atomic event details to complex cross-document narratives. Extensive experiments on state-of-the-art LLMs and retrieval-augmented generation (RAG) methods delineate the current capability boundary and identify critical deficiencies, providing insights into the future improvement of LLMs in challenging event analysis tasks.

Event Argument Extraction (EAE) converts documents into structured event records by identifying argument spans and assigning them schema-defined roles. Document-level EAE is challenging due to long-range dependencies between triggers and arguments, cross-sentence context, and strict role constraints, which often lead to boundary errors, uncertainty in roles, and inconsistencies with restricted schemas. In this paper, we study whether mid-sized open LLMs can perform schema-constrained EAE reliably at the document level on MAVEN-ARG. Our approach combines (i) role-set injection in prompts for schema compliance, (ii) parameter-efficient supervised fine-tuning (LoRA) using the same JSON-only interface used at inference, and (iii) deterministic decoding with post-processing that validates JSON, filters invalid roles, de-duplicates arguments, and aligns spans to the document window. Under the official MAVEN-ARG evaluator, fine-tuned mid-sized open models outperform previously reported GPT baselines across mention, entity-coreference, and event-coreference evaluations; our best model (Phi-4, 14B) reaches 42.39% F1 at the event-coreference level. Code to reproduce experiments is publicly available at https://github.com/dessertlab/EAE/.