Yang Liu

Yang Liu, Yuhao Liu, Yunran Wei

We propose a noise-robust elicit-to-optimize framework that integrates inverse reinforcement learning (IRL) and reinforcement learning (RL) for eliciting agents' risk preferences and optimizing policies under a broad class of risk objectives characterized by distortion riskmetrics. On the elicitation side, we propose an adaptive Bayesian IRL method that infers agents' latent risk objectives from their noisy observed decisions, explicitly allowing agents to take stochastic and suboptimal actions. We establish the existence of a finite set of distinguishing questions that identifies the preferred distortion riskmetric within the candidate class and prove that the convergence rate of the algorithm is of order $O(\exp(-cm+O(\sqrt{m\log m})))$ under general settings, where $c>0$ is a constant and $m$ denotes the number of algorithm iterations. On the optimization side, we develop a model-free RL algorithm for optimizing policies under conditional distortion riskmetrics. By representing the objective as an integral of the conditional cost quantile function with respect to the distortion function, the method unifies distortion-riskmetric objectives. We optimize diverse risk objectives by extending the Proximal Policy Optimization (PPO) algorithm with policy, value, and quantile neural networks, where the quantile network estimates the full conditional cost quantile function and enables numerical evaluation of general risk objectives. A comprehensive empirical study demonstrates the framework's elicitation accuracy and effectiveness in complex financial environments.

Haohua Niu, Xingtong Yu, Yang Liu et al.

Graph learning under distribution shift presents a persistent challenge, where models adapt to new graphs with limited or even no supervision. Recent graph--LLM approaches move toward label-efficient prediction by linearizing graphs into prompts and using large language models (LLMs) as predictors, and can adopt Chain-of-Thought (CoT) prompting to exploit LLM's multi-step reasoning capability. However, existing CoT-based graph--LLM methods generate intermediate thoughts while conditioning on fixed graph tokens, limiting step-wise refinement of structural cues. In this paper, we propose CoEvoT, a simple yet effective co-evolving CoT prompting framework for graph--LLM reasoning. CoEvoT couples text-to-graph token rewriting and graph-to-text reasoning guidance in a closed loop: each intermediate textual thought is used to update the graph token evidence state via a lightweight condition network, and the updated tokens are fed back into the next-step instruction to guide subsequent LLM reasoning. This enables step-wise, state-aware evidence refinement, rather than reasoning over a fixed graph snapshot. Extensive experiments on eight datasets demonstrate that CoEvoT consistently outperforms state-of-the-art baselines.