Humans often find good solutions to combinatorial optimization problems that are computationally hard even for advanced computer algorithms. In the Euclidean traveling salesman problems (TSP), people rapidly produce tours that are near-optimal, despite severe limits on time and computation. What makes a tour human-like, and how might such solutions be learned? Here we address these questions through a large-scale behavioral and computational investigation of human performance in Euclidean TSP. We sampled a broad space of TSP instances, collected human solutions, and compared them with neural policies based on Pointer Networks, which are recurrent neural networks with an attention-based pointing mechanism that define probability distributions over valid tours. We trained these networks under multiple objectives, including reinforcement learning (RL), supervised learning from optimal tours, supervised learning from human tours, and RL fine-tuning after optimal-supervised pretraining. Human tours were not identical to optimal tours, but occupied a near-optimal geometric basin: they shared many structural properties with optimal solutions while preserving systematic human-specific deviations. The best account of human tours was not direct imitation of optimal tours, but a model pretrained on optimal tours, fine-tuned by RL, and decoded through $\text{Best-of-}N$ sampling. These findings suggest that human-like solutions may emerge from a combination of structured supervised learning, RL, and test-time search, echoing computational principles underlying many modern artificial intelligence systems.
Financial sentiment extraction has largely relied on news text and supervised extraction against return labels alone, leaving 10-K filings -- and volatility, the target risk disclosure is arguably best suited to informing -- comparatively unexplored. We extend a supervised lexicon-learning approach to 10-K filings and their Item 1A risk-factor sections, training sentiment scores against both return and volatility labels at three levels of aggregation: sector, portfolio, and individual firm. Across 1,383 filings from 94 Nasdaq-100 technology constituents (2006--2023), we evaluate the resulting twelve sentiment metrics on classification accuracy, correlation with realised market outcomes, and qualitative lexical content. Full-filing text produces more accurate sentiment at the sector and portfolio level for both targets, but this reverses at the individual-firm level, where the narrower Item 1A section performs better -- an effect we attribute to the interaction between document volume and the amount of independent training signal available at each level of aggregation. A Loughran-McDonald dictionary baseline is consistently, strongly negatively correlated with price at every level tested, underscoring the value of a supervised approach for regulatory disclosure text. These findings, and the design choices they motivate, establish the sentiment-generation methodology underlying a subsequent, larger-scale, multi-source system.