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Preference optimization (PO) is indispensable for large language models (LLMs), with methods such as direct preference optimization (DPO) and proximal policy optimization (PPO) achieving great success. A common belief is that DPO is…

Machine Learning · Computer Science 2026-05-18 Yue Wang , Qizhou Wang , Zizhuo Zhang , Gang Niu , Bo Han , Masashi Sugiyama

This paper provides a self-contained, from-scratch, exposition of key algorithms for instruction tuning of models: SFT, Rejection Sampling, REINFORCE, Trust Region Policy Optimization (TRPO), Proximal Policy Optimization (PPO), Group…

Computation and Language · Computer Science 2025-10-22 Rohit Patel

Human preference alignment is essential to improve the interaction quality of large language models (LLMs). Existing alignment methods depend on manually annotated preference data to guide the LLM optimization directions. However,…

Computation and Language · Computer Science 2024-06-04 Pengyu Cheng , Yifan Yang , Jian Li , Yong Dai , Tianhao Hu , Peixin Cao , Nan Du , Xiaolong Li

Large-scale reinforcement learning with verifiable rewards (RLVR) has demonstrated its effectiveness in harnessing the potential of large language models (LLMs) for single-turn reasoning tasks. In realistic reasoning scenarios, LLMs can…

Vision-Language-Action (VLA) models such as OpenVLA, Octo, and $\pi_0$ have shown strong generalization by leveraging large-scale demonstrations, yet their performance is still fundamentally constrained by the quality and coverage of…

Machine Learning · Computer Science 2025-10-14 Mingyang Lyu , Yinqian Sun , Erliang Lin , Huangrui Li , Ruolin Chen , Feifei Zhao , Yi Zeng

Recent advances in Large Language Model (LLM) agents have demonstrated their promising general capabilities. However, their performance in specialized real-world domains often degrades due to challenges in effectively integrating external…

Computation and Language · Computer Science 2025-10-10 Yuzheng Cai , Siqi Cai , Yuchen Shi , Zihan Xu , Lichao Chen , Yulei Qin , Xiaoyu Tan , Gang Li , Zongyi Li , Haojia Lin , Yong Mao , Ke Li , Xing Sun

Reward-based alignment methods for large language models (LLMs) face two key limitations: vulnerability to reward hacking, where models exploit flaws in the reward signal; and reliance on brittle, labor-intensive prompt engineering when…

Computation and Language · Computer Science 2025-05-20 Zae Myung Kim , Chanwoo Park , Vipul Raheja , Suin Kim , Dongyeop Kang

Reinforcement learning (RL) has emerged as an effective approach for enhancing the reasoning capabilities of large language models (LLMs), especially in scenarios where supervised fine-tuning (SFT) falls short due to limited…

Machine Learning · Computer Science 2026-04-15 Jian Xiong , Jingbo Zhou , Jingyong Ye , Qiang Huang , Dejing Dou

Reinforcement learning algorithms are fundamental to align large language models with human preferences and to enhance their reasoning capabilities. However, current reinforcement learning algorithms often suffer from training instability…

Machine Learning · Computer Science 2025-06-05 Yaru Hao , Li Dong , Xun Wu , Shaohan Huang , Zewen Chi , Furu Wei

Proximal policy optimization (PPO) is one of the most successful deep reinforcement-learning methods, achieving state-of-the-art performance across a wide range of challenging tasks. However, its optimization behavior is still far from…

Machine Learning · Computer Science 2020-01-15 Yuhui Wang , Hao He , Chao Wen , Xiaoyang Tan

The emerging cryptocurrency market has lately received great attention for asset allocation due to its decentralization uniqueness. However, its volatility and brand new trading mode have made it challenging to devising an acceptable…

Machine Learning · Computer Science 2021-10-19 Fengrui Liu , Yang Li , Baitong Li , Jiaxin Li , Huiyang Xie

Portfolio management is the art and science in fiance that concerns continuous reallocation of funds and assets across financial instruments to meet the desired returns to risk profile. Deep reinforcement learning (RL) has gained increasing…

Portfolio Management · Quantitative Finance 2023-10-30 Yinheng Li , Junhao Wang , Yijie Cao

Reinforcement learning (RL) has emerged as a powerful tool for fine-tuning large language models (LLMs) to improve complex reasoning abilities. However, state-of-the-art policy optimization methods often suffer from high computational…

Machine Learning · Computer Science 2025-05-28 Kianté Brantley , Mingyu Chen , Zhaolin Gao , Jason D. Lee , Wen Sun , Wenhao Zhan , Xuezhou Zhang

The policy represented by the deep neural network can overfit the spurious features in observations, which hamper a reinforcement learning agent from learning effective policy. This issue becomes severe in high-dimensional state, where the…

Machine Learning · Computer Science 2023-05-01 Md Masudur Rahman , Yexiang Xue

Classical reinforcement learning (RL) aims to optimize the expected cumulative rewards. In this work, we consider the RL setting where the goal is to optimize the quantile of the cumulative rewards. We parameterize the policy controlling…

Machine Learning · Computer Science 2022-02-17 Jinyang Jiang , Jiaqiao Hu , Yijie Peng

Recently, test-time scaling Large Language Models (LLMs) have demonstrated exceptional reasoning capabilities across scientific and professional tasks by generating long chains-of-thought (CoT). As a crucial component for developing these…

Reinforcement Learning with Verifiable Rewards (RLVR) is an essential paradigm that enhances the reasoning capabilities of Large Language Models (LLMs). However, existing methods typically rely on static policy optimization schemes that…

Computation and Language · Computer Science 2026-05-08 Yiming Huang , Zhenbo Shi , Shuzheng Gao , Cuiyun Gao , Peiyi Han , Chuanyi Liu

In the classical Reinforcement Learning from Human Feedback (RLHF) framework, Proximal Policy Optimization (PPO) is employed to learn from sparse, sentence-level rewards -- a challenging scenario in traditional deep reinforcement learning.…

Machine Learning · Computer Science 2025-05-22 Han Zhong , Zikang Shan , Guhao Feng , Wei Xiong , Xinle Cheng , Li Zhao , Di He , Jiang Bian , Liwei Wang

Large language models show promise for financial decision-making, yet deploying them as autonomous trading agents raises fundamental challenges: how to adapt instructions when rewards arrive late and obscured by market noise, how to…

Trading and Market Microstructure · Quantitative Finance 2026-05-21 Charidimos Papadakis , Angeliki Dimitriou , Giorgos Filandrianos , Maria Lymperaiou , Konstantinos Thomas , Giorgos Stamou

Traditional risk factors like beta, size/value, and momentum often lag behind market dynamics in measuring and predicting stock return volatility. Statistical models like PCA and factor analysis fail to capture hidden nonlinear…

Computational Engineering, Finance, and Science · Computer Science 2025-09-23 Wenyan Xu , Jiayu Chen , Dawei Xiang , Chen Li , Yonghong Hu , Zhonghua Lu