arXiv subjects

Liuyuan Jiang

Publications and source records attributed to Liuyuan Jiang.

6 recordsLinked to original sources

arXiv2026

RetailAgent: Structured Adverse Timing in Self-Conditioned Multimodal LLM Trading Agents

In financial markets, a sequential policy that reacts systematically to price movements may become predictable to other market participants. This paper studies whether large language model (LLM) agents exhibit such directional structure through RetailAgent, an experimental framework in which an LLM observes anonymized intraday equity price histories and permitted state, then repeatedly chooses long (hold the stock) or flat (stay out) before the subsequent interval return is revealed. We compare returns during long and flat intervals along the same stock's intraday path after removing the overall fraction of long decisions. This exposure-matched measure reveals persistent negative timing across modality, horizon, state, and model family. Shuffling saved action sequences substantially attenuates the effect, showing that alignment between actions and subsequent returns drives the negative score. Feeding self-authored memories into decisions further increases policy persistence, while timing becomes more negative among stock-days on which the agent uses both actions. These results reveal stable, recoverable directional structure in sequential LLM financial decisions and a behavioral signal for studying how another participant could respond to a predictable policy.

cs.AI↗

arXiv2026

SURF: Steering the Scalarization Weight to Uniformly Traverse the Pareto Front

Scalarization is widely used in multi-objective optimization owing to its simplicity and scalability. In many applications, the goal is to generate solutions that represent diverse user preferences, ideally with uniform coverage of the Pareto front (PF). However, uniformly sampling scalarization weights usually induces non-uniform coverage of the PF. We explain this mismatch through a geometric analysis of the scalarization path. As the scalarization weight varies, the corresponding solutions trace the PF with a generally non-uniform traversal speed. This speed induces an arc-length cumulative distribution function (CDF); inverting this CDF map yields a principled rule for selecting weights that produce uniform PF coverage. Building on this insight, we propose SURF (Sampling Uniformly along the PaReto Front). For structured problems, including bi-objective bandits, we derive closed-form expressions for this CDF map and the resulting PF-aware weight sampling rule. For general problems, SURF alternates between CDF reconstruction and weight sampling. Theoretically, we show that under provable conditions, SURF converges linearly to an unavoidable finite-sampling floor. Empirically, experiments on bandits, multi-objective-gymnasium, and multi-objective LLM alignment demonstrate that SURF efficiently achieves more uniform PF coverage than baselines.

cs.LG↗

arXiv2025

Efficient Penalty-Based Bilevel Methods: Improved Analysis, Novel Updates, and Flatness Condition

Penalty-based methods have become popular for solving bilevel optimization (BLO) problems, thanks to their effective first-order nature. However, they often require inner-loop iterations to solve the lower-level (LL) problem and small outer-loop step sizes to handle the increased smoothness induced by large penalty terms, leading to suboptimal complexity. This work considers the general BLO problems with coupled constraints (CCs) and leverages a novel penalty reformulation that decouples the upper- and lower-level variables. This yields an improved analysis of the smoothness constant, enabling larger step sizes and reduced iteration complexity for Penalty-Based Gradient Descent algorithms in ALTernating fashion (ALT-PBGD). Building on the insight of reduced smoothness, we propose PBGD-Free, a novel fully single-loop algorithm that avoids inner loops for the uncoupled constraint BLO. For BLO with CCs, PBGD-Free employs an efficient inner-loop with substantially reduced iteration complexity. Furthermore, we propose a novel curvature condition describing the "flatness" of the upper-level objective with respect to the LL variable. This condition relaxes the traditional upper-level Lipschitz requirement, enables smaller penalty constant choices, and results in a negligible penalty gradient term during upper-level variable updates. We provide rigorous convergence analysis and validate the method's efficacy through hyperparameter optimization for support vector machines and fine-tuning of large language models.

math.OC↗

arXiv2025

BiRQ: Bi-Level Self-Labeling Random Quantization for Self-Supervised Speech Recognition

Speech is a rich signal, and labeled audio-text pairs are costly, making self-supervised learning essential for scalable representation learning. A core challenge in speech SSL is generating pseudo-labels that are both informative and efficient: strong labels, such as those used in HuBERT, improve downstream performance but rely on external encoders and multi-stage pipelines, while efficient methods like BEST-RQ achieve simplicity at the cost of weaker labels. We propose BiRQ, a bilevel SSL framework that combines the efficiency of BEST-RQ with the refinement benefits of HuBERT-style label enhancement. The key idea is to reuse part of the model itself as a pseudo-label generator: intermediate representations are discretized by a random-projection quantizer to produce enhanced labels, while anchoring labels derived directly from the raw input stabilize training and prevent collapse. Training is formulated as an efficient first-order bilevel optimization problem, solved end-to-end with differentiable Gumbel-softmax selection. This design eliminates the need for external label encoders, reduces memory cost, and enables iterative label refinement in an end-to-end fashion. BiRQ consistently improves over BEST-RQ while maintaining low complexity and computational efficiency. We validate our method on various datasets, including 960-hour LibriSpeech, 150-hour AMI meetings and 5,000-hour YODAS, demonstrating consistent gains over BEST-RQ.

cs.CL↗

arXiv2025

Beyond Value Functions: Single-Loop Bilevel Optimization under Flatness Conditions

Bilevel optimization, a hierarchical optimization paradigm, has gained significant attention in a wide range of practical applications, notably in the fine-tuning of generative models. However, due to the nested problem structure, most existing algorithms require either the Hessian vector calculation or the nested loop updates, which are computationally inefficient in large language model (LLM) fine-tuning. In this paper, building upon the fully first-order penalty-based approach, we propose an efficient value function-free (PBGD-Free) algorithm that eliminates the loop of solving the lower-level problem and admits fully single-loop updates. Inspired by the landscape analysis of representation learning-based LLM fine-tuning problem, we propose a relaxed flatness condition for the upper-level function and prove the convergence of the proposed value-function-free algorithm. We test the performance of the proposed algorithm in various applications and demonstrate its superior computational efficiency over the state-of-the-art bilevel methods.

math.OC↗

arXiv2024

A Primal-Dual-Assisted Penalty Approach to Bilevel Optimization with Coupled Constraints

Interest in bilevel optimization has grown in recent years, partially due to its applications to tackle challenging machine-learning problems. Several exciting recent works have been centered around developing efficient gradient-based algorithms that can solve bilevel optimization problems with provable guarantees. However, the existing literature mainly focuses on bilevel problems either without constraints, or featuring only simple constraints that do not couple variables across the upper and lower levels, excluding a range of complex applications. Our paper studies this challenging but less explored scenario and develops a (fully) first-order algorithm, which we term BLOCC, to tackle BiLevel Optimization problems with Coupled Constraints. We establish rigorous convergence theory for the proposed algorithm and demonstrate its effectiveness on two well-known real-world applications - hyperparameter selection in support vector machine (SVM) and infrastructure planning in transportation networks using the real data from the city of Seville.

math.OC↗