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Offline reinforcement learning (RL) aims to learn decision policies from a fixed batch of logged transitions, without additional environment interaction. Despite remarkable empirical progress, offline RL remains fragile under distribution…

Methodology · Statistics 2026-03-16 Debashis Chatterjee

Reinforcement learning (RL) is a control approach that can handle nonlinear stochastic optimal control problems. However, despite the promise exhibited, RL has yet to see marked translation to industrial practice primarily due to its…

Machine Learning · Computer Science 2021-04-15 Elton Pan , Panagiotis Petsagkourakis , Max Mowbray , Dongda Zhang , Antonio del Rio-Chanona

Reinforcement Learning with Verifiable Rewards (RLVR) has advanced the reasoning capability of large language models (LLMs), enabling autonomous agents that can conduct effective multi-turn and tool-integrated reasoning. While instructions…

Machine Learning · Computer Science 2026-02-03 Han Zhou , Xingchen Wan , Ivan Vulić , Anna Korhonen

This paper is devoted to study the effects arising from imposing a value-at-risk (VaR) constraint in mean-variance portfolio selection problem for an investor who receives a stochastic cash flow which he/she must then invest in a…

Portfolio Management · Quantitative Finance 2010-11-24 Jun Ye , Tiantian Li

Reinforcement Learning with Verifiable Rewards (RLVR) has become the standard paradigm for LLM mathematical reasoning, where Group Relative Policy Optimization (GRPO) serves as the mainstream algorithm. We point out two understudied…

Artificial Intelligence · Computer Science 2026-05-14 Mingxiong Lin , Zhangquan Gong , Maowen Tang , Qian Li , Chuangchuang Wang , Jian Ma , Sutian Huang , Kai Tang , Haonan Lu

Deep reinforcement learning has been able to solve various tasks successfully, however, due to the construction of policy gradient and training dynamics, tuning deep reinforcement learning models remains challenging. As one of the most…

Machine Learning · Computer Science 2026-02-11 Hanyong Wang , Menglong Yang

In a reinforcement learning (RL) framework, we study the exploratory version of the continuous time expected utility (EU) maximization problem with a portfolio constraint that includes widely-used financial regulations such as short-selling…

Mathematical Finance · Quantitative Finance 2024-12-17 Huy Chau , Duy Nguyen , Thai Nguyen

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

Counterfactual learning to rank (CLTR) can be risky and, in various circumstances, can produce sub-optimal models that hurt performance when deployed. Safe CLTR was introduced to mitigate these risks when using inverse propensity scoring to…

Machine Learning · Computer Science 2024-08-08 Shashank Gupta , Harrie Oosterhuis , Maarten de Rijke

A key aspect of Safe Reinforcement Learning (Safe RL) involves estimating the constraint condition for the next policy, which is crucial for guiding the optimization of safe policy updates. However, the existing Advantage-based Estimation…

Machine Learning · Computer Science 2024-12-17 Juntao Dai , Yaodong Yang , Qian Zheng , Gang Pan

Reinforcement learning (RL) has recently become the core paradigm for aligning and strengthening large language models (LLMs). Yet, applying RL in off-policy settings--where stale data from past policies are used for training--improves…

We propose Process-Aware Policy Optimization (PAPO), a method that integrates process-level evaluation into Group Relative Policy Optimization (GRPO) through decoupled advantage normalization, to address two limitations of existing reward…

Artificial Intelligence · Computer Science 2026-04-06 Zelin Tan , Zhouliang Yu , Bohan Lin , Zijie Geng , Hejia Geng , Yudong Zhang , Mulei Zhang , Yang Chen , Shuyue Hu , Zhenfei Yin , Chen Zhang , Lei Bai

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

Machine Learning · Computer Science 2023-05-15 Jinyang Jiang , Jiaqiao Hu , Yijie Peng

We propose a policy improvement algorithm for Reinforcement Learning (RL) which is called Rerouted Behavior Improvement (RBI). RBI is designed to take into account the evaluation errors of the Q-function. Such errors are common in RL when…

Machine Learning · Computer Science 2019-07-12 Elad Sarafian , Aviv Tamar , Sarit Kraus

Critic-free reinforcement learning methods, particularly group policies, have attracted considerable attention for their efficiency in complex tasks. However, these methods rely heavily on multiple sampling and comparisons within the policy…

Machine Learning · Computer Science 2025-09-22 Wenfeng Feng , Penghong Zhao , Guochao Jiang , Chuzhan Hao , Yuewei Zhang , Guohua Liu , Hao Wang

Reinforcement Learning with Verifiable Rewards (RLVR) has become a central post-training paradigm for improving the reasoning capabilities of large language models. Yet existing methods share a common blind spot: they optimize policies…

Machine Learning · Computer Science 2026-04-29 Huaiyang Wang , Xiaojie Li , Deqing Wang , Haoyi Zhou , Zixuan Huang , Yaodong Yang , Jianxin Li , Yikun Ban

Optimizing Conditional Value-at-risk (CVaR) using policy gradient (a.k.a CVaR-PG) faces significant challenges of sample inefficiency. This inefficiency stems from the fact that it focuses on tail-end performance and overlooks many sampled…

Machine Learning · Computer Science 2026-02-06 Yudong Luo , Erick Delage

We study the problem of safe offline reinforcement learning (RL), the goal is to learn a policy that maximizes long-term reward while satisfying safety constraints given only offline data, without further interaction with the environment.…

Machine Learning · Computer Science 2022-04-11 Haoran Xu , Xianyuan Zhan , Xiangyu Zhu

While the techniques in optimal control theory are often model-based, the policy optimization (PO) approach directly optimizes the performance metric of interest. Even though it has been an essential approach for reinforcement learning…

Optimization and Control · Mathematics 2022-11-23 Feiran Zhao , Keyou You , Tamer Başar

The rapidly increasing capabilities of large language models (LLMs) raise an urgent need to align AI systems with diverse human preferences to simultaneously enhance their usefulness and safety, despite the often conflicting nature of these…

Machine Learning · Computer Science 2024-03-06 Zixuan Liu , Xiaolin Sun , Zizhan Zheng