arXiv subjects

Jiaojiao Han

Publications and source records attributed to Jiaojiao Han.

5 recordsLinked to original sources

arXiv2026

OpenPM: Auditable Point-in-Time Evaluation for LLM Portfolio-Management Agents

Large language models are increasingly used to read markets, assess risk, and allocate capital. However, reported results for LLM trading agents can be inflated by look-ahead leakage, optimistic execution, and risk mandates that are described but not enforced. We present OpenPM, an auditable point-in-time evaluation framework for LLM portfolio-management agents. In OpenPM, an agent manages a \$1M long-only book over the S\&P 500 universe using market data at five-minute intervals. Every record visible to the agent must be available at the decision time. Natural-language risk mandates are converted into typed constraints and enforced on the executed portfolio. Each run produces audit artifacts, including a contamination certificate, a cost-sensitivity curve, and a constraint-adherence report. We also build a reference agent named the tiered allocator, where typed analysts score candidates, a constructor LLM proposes weights, and a deterministic critic guarantees feasibility. We isolate constructor behavior by capturing analyst evidence once and replaying it across constructor models. In our short-window case study, stronger constructors show modest and model-dependent gains over equal weighting on the same pool, but analyst quality matters more than constructor choice, and turnover is the main cost driver. All returns are upper bounds on a single frozen window without market impact, not validated alpha.

cs.CE↗

arXiv2026

AEL: Evolving Agent Harness in Open-Ended Environments

LLM Agents Harnesses are hand-designed and stay fixed, so agents accumulate experience but never learn how to use it: which memories to retrieve, when retrieved evidence is misleading, and when the retrieval strategy itself should change. We introduce Agent Evolving Learning (AEL), a two-timescale framework that evolves the harness, recasting memory use as online policy selection. A fast Thompson Sampling bandit selects among memory-retrieval policies episode by episode, while slow LLM reflection follows a diagnose-before-prescribe principle: it first explains why performance degraded, then injects a targeted new retrieval policy as a bandit arm when the current pool plateaus. AEL outperforms ten self-improving and nonLLM baselines on a sequential portfolio benchmark, lifting Sharpe by 27% over the strongest memory-only variant with the lowest variance among all stochastic methods, and generalizes to a support-ticket routing stream, where it improves accuracy by 18% over reflectionfree Thompson Sampling and by 51% over the best prior baseline. Mechanism studies further show that the gains are causal: reflection helps precisely when regimes demand different retrieval behavior, and is provably no-harm/nogain when the best policy is stable. Code and data: https://github.com/WujiangXu/AEL.

cs.CL↗

arXiv2026

Skill-RAG: Failure-State-Aware Retrieval Augmentation via Hidden-State Probing and Skill Routing

Retrieval-Augmented Generation (RAG) has emerged as a foundational paradigm for grounding large language models in external knowledge. While adaptive retrieval mechanisms have improved retrieval efficiency, existing approaches treat post-retrieval failure as a signal to retry rather than to diagnose -- leaving the structural causes of query-evidence misalignment unaddressed. We observe that a significant portion of persistent retrieval failures stem not from the absence of relevant evidence but from an alignment gap between the query and the evidence space. We propose Skill-RAG, a failure-aware RAG framework that couples a lightweight hidden-state prober with a prompt-based skill router. The prober gates retrieval at two pipeline stages; upon detecting a failure state, the skill router diagnoses the underlying cause and selects among four retrieval skills -- query rewriting, question decomposition, evidence focusing, and an exit skill for truly irreducible cases -- to correct misalignment before the next generation attempt. Experiments across multiple open-domain QA and complex reasoning benchmarks show that Skill-RAG substantially improves accuracy on hard cases persisting after multi-turn retrieval, with particularly strong gains on out-of-distribution datasets. Representation-space analyses further reveal that the proposed skills occupy structured, separable regions of the failure state space, supporting the view that query-evidence misalignment is a typed rather than monolithic phenomenon.

cs.CL↗

arXiv2025

SAGE: An Agentic Explainer Framework for Interpreting SAE Features in Language Models

Large language models (LLMs) have achieved remarkable progress, yet their internal mechanisms remain largely opaque, posing a significant challenge to their safe and reliable deployment. Sparse autoencoders (SAEs) have emerged as a promising tool for decomposing LLM representations into more interpretable features, but explaining the features captured by SAEs remains a challenging task. In this work, we propose SAGE (SAE AGentic Explainer), an agent-based framework that recasts feature interpretation from a passive, single-pass generation task into an active, explanation-driven process. SAGE implements a rigorous methodology by systematically formulating multiple explanations for each feature, designing targeted experiments to test them, and iteratively refining explanations based on empirical activation feedback. Experiments on features from SAEs of diverse language models demonstrate that SAGE produces explanations with significantly higher generative and predictive accuracy compared to state-of-the-art baselines.an agent-based framework that recasts feature interpretation from a passive, single-pass generation task into an active, explanationdriven process. SAGE implements a rigorous methodology by systematically formulating multiple explanations for each feature, designing targeted experiments to test them, and iteratively refining explanations based on empirical activation feedback. Experiments on features from SAEs of diverse language models demonstrate that SAGE produces explanations with significantly higher generative and predictive accuracy compared to state-of-the-art baselines.

cs.CL↗

arXiv2025

SLMRec: Distilling Large Language Models into Small for Sequential Recommendation

Sequential Recommendation (SR) task involves predicting the next item a user is likely to interact with, given their past interactions. The SR models examine the sequence of a user's actions to discern more complex behavioral patterns and temporal dynamics. Recent research demonstrates the great impact of LLMs on sequential recommendation systems, either viewing sequential recommendation as language modeling or serving as the backbone for user representation. Although these methods deliver outstanding performance, there is scant evidence of the necessity of a large language model and how large the language model is needed, especially in the sequential recommendation scene. Meanwhile, due to the huge size of LLMs, it is inefficient and impractical to apply a LLM-based model in real-world platforms that often need to process billions of traffic logs daily. In this paper, we explore the influence of LLMs' depth by conducting extensive experiments on large-scale industry datasets. Surprisingly, our motivational experiments reveal that most intermediate layers of LLMs are redundant, indicating that pruning the remaining layers can still maintain strong performance. Motivated by this insight, we empower small language models for SR, namely SLMRec, which adopt a simple yet effective knowledge distillation method. Moreover, SLMRec is orthogonal to other post-training efficiency techniques, such as quantization and pruning, so that they can be leveraged in combination. Comprehensive experimental results illustrate that the proposed SLMRec model attains the best performance using only 13% of the parameters found in LLM-based recommendation models while simultaneously achieving up to 6.6x and 8.0x speedups in training and inference time costs, respectively. Besides, we provide a theoretical justification for why small language models can perform comparably to large language models in SR.

cs.IR↗