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Reinforcement learning (RL) is an innovative approach to financial decision making, offering specialized solutions to complex investment problems where traditional methods fail. This review analyzes 167 articles from 2017--2025, focusing on…

Computational Finance · Quantitative Finance 2025-12-12 Mohammad Rezoanul Hoque , Md Meftahul Ferdaus , M. Kabir Hassan

We study prediction and estimation problems using empirical risk minimization, relative to a general convex loss function. We obtain sharp error rates even when concentration is false or is very restricted, for example, in heavy-tailed…

Machine Learning · Statistics 2014-10-14 Shahar Mendelson

Reinforcement learning (RL) provides a naturalistic framing for learning through trial and error, which is appealing both because of its simplicity and effectiveness and because of its resemblance to how humans and animals acquire skills…

Machine Learning · Computer Science 2022-08-09 Archit Sharma , Kelvin Xu , Nikhil Sardana , Abhishek Gupta , Karol Hausman , Sergey Levine , Chelsea Finn

This paper investigates robust versions of the general empirical risk minimization algorithm, one of the core techniques underlying modern statistical methods. Success of the empirical risk minimization is based on the fact that for a…

Machine Learning · Statistics 2019-10-17 Stanislav Minsker , Timothée Mathieu

The vicinal risk minimization (VRM) principle is an empirical risk minimization (ERM) variant that replaces Dirac masses with vicinal functions. There is strong numerical and theoretical evidence showing that VRM outperforms ERM in terms of…

Machine Learning · Computer Science 2021-10-19 Puneet Mangla , Vedant Singh , Shreyas Jayant Havaldar , Vineeth N Balasubramanian

We show that the Invariant Risk Minimization (IRM) formulation of Arjovsky et al. (2019) can fail to capture "natural" invariances, at least when used in its practical "linear" form, and even on very simple problems which directly follow…

Machine Learning · Statistics 2021-03-02 Pritish Kamath , Akilesh Tangella , Danica J. Sutherland , Nathan Srebro

We study robust linear regression in high-dimension, when both the dimension $d$ and the number of data points $n$ diverge with a fixed ratio $\alpha=n/d$, and study a data model that includes outliers. We provide exact asymptotics for the…

Machine Learning · Statistics 2024-06-24 Matteo Vilucchio , Emanuele Troiani , Vittorio Erba , Florent Krzakala

Transfer reinforcement learning aims to derive a near-optimal policy for a target environment with limited data by leveraging abundant data from related source domains. However, it faces two key challenges: the lack of performance…

Machine Learning · Computer Science 2025-05-30 Chi Zhang , Ziying Jia , George K. Atia , Sihong He , Yue Wang

Functions of one or more variables are usually approximated with a basis: a complete, linearly-independent system of functions that spans a suitable function space. The topic of this paper is the numerical approximation of functions using…

Numerical Analysis · Mathematics 2018-11-07 Ben Adcock , Daan Huybrechs

We prove that the empirical risk of most well-known loss functions factors into a linear term aggregating all labels with a term that is label free, and can further be expressed by sums of the loss. This holds true even for non-smooth,…

Machine Learning · Computer Science 2016-02-11 Giorgio Patrini , Frank Nielsen , Richard Nock , Marcello Carioni

The ability to generalize under distributional shifts is essential to reliable machine learning, while models optimized with empirical risk minimization usually fail on non-$i.i.d$ testing data. Recently, invariant learning methods for…

Machine Learning · Computer Science 2021-10-26 Jiashuo Liu , Zheyuan Hu , Peng Cui , Bo Li , Zheyan Shen

Representation learning has been widely studied in the context of meta-learning, enabling rapid learning of new tasks through shared representations. Recent works such as MAML have explored using fine-tuning-based metrics, which measure the…

Machine Learning · Computer Science 2021-05-06 Kurtland Chua , Qi Lei , Jason D. Lee

A major challenge of reinforcement learning (RL) in real-world applications is the variation between environments, tasks or clients. Meta-RL (MRL) addresses this issue by learning a meta-policy that adapts to new tasks. Standard MRL methods…

Machine Learning · Computer Science 2023-10-03 Ido Greenberg , Shie Mannor , Gal Chechik , Eli Meirom

Functional magnetic resonance imaging (fMRI) is a powerful tool for investigating human brain function. However, the high cost of data acquisition and the inherent subjectivity of psychiatric rating scales often lead to datasets with small…

Machine Learning · Computer Science 2026-05-29 Jiyao Wang , Peiyu Duan , Nicha C. Dvornek , Lawrence H. Staib , Denis Sukhodolsky , Pamela Ventola , James S. Duncan

Entropy minimization (EM) trains the model to concentrate even more probability mass on its most confident outputs. We show that this simple objective alone, without any labeled data, can substantially improve large language models' (LLMs)…

Machine Learning · Computer Science 2025-05-22 Shivam Agarwal , Zimin Zhang , Lifan Yuan , Jiawei Han , Hao Peng

Machine learning algorithms use error function minimization to fit a large set of parameters in a preexisting model. However, error minimization eventually leads to a memorization of the training dataset, losing the ability to generalize to…

Machine Learning · Computer Science 2018-03-16 Fernando Martin-Maroto , Gonzalo G. de Polavieja

Model-Based Reinforcement Learning (RL) is widely believed to have the potential to improve sample efficiency by allowing an agent to synthesize large amounts of imagined experience. Experience Replay (ER) can be considered a simple kind of…

Machine Learning · Computer Science 2023-07-11 Kenny Young , Aditya Ramesh , Louis Kirsch , Jürgen Schmidhuber

We study the high-dimensional asymptotics of empirical risk minimization (ERM) in over-parametrized two-layer neural networks with quadratic activations trained on synthetic data. We derive sharp asymptotics for both training and test…

Machine Learning · Statistics 2026-02-03 Vittorio Erba , Emanuele Troiani , Lenka Zdeborová , Florent Krzakala

The Invariant Risk Minimization (IRM) principle was first proposed by Arjovsky et al. [2019] to address the domain generalization problem by leveraging data heterogeneity from differing experimental conditions. Specifically, IRM seeks to…

Machine Learning · Computer Science 2021-06-21 Kia Khezeli , Arno Blaas , Frank Soboczenski , Nicholas Chia , John Kalantari

Reinforcement learning (RL) algorithms are highly sensitive to reward function specification, which remains a central challenge limiting their broad applicability. We present ARM-FM: Automated Reward Machines via Foundation Models, a…

Artificial Intelligence · Computer Science 2026-03-10 Roger Creus Castanyer , Faisal Mohamed , Pablo Samuel Castro , Cyrus Neary , Glen Berseth