Entropic Risk Measure in Policy Search
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Abstract (arXiv)
With the increasing pace of automation, modern robotic systems need to act in stochastic, non-stationary, partially observable environments. A range of algorithms for finding parameterized policies that optimize for long-term average performance have been proposed in the past. However, the majority of the proposed approaches does not explicitly take into account the variability of the performance metric, which may lead to finding policies that although performing well on average, can perform spectacularly bad in a particular run or over a period of time. To address this shortcoming, we study an approach to policy optimization that explicitly takes into account higher order statistics of the reward function. In this paper, we extend policy gradient methods to include the entropic risk measure in the objective function and evaluate their performance in simulation experiments and on a real-robot task of learning a hitting motion in robot badminton.
Key facts. Cited by 19 papers in the map (data through 7 Oct 2026). First posted on arXiv 21 Jun 2019.
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Citing papers per year: 2021: 4; 2022: 5; 2023: 0; 2024: 4; 2025: 5; 2026: 1.
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- 2021Reinforcement Learning with Dynamic Convex Risk Measurescited by 20
- 2022Bridging Distributional and Risk-sensitive Reinforcement Learning with Provable Regret Boundscited by 16
- 2022Risk-Sensitive Reinforcement Learning with Exponential Criteriacited by 15
- 2021Risk-Aware Transfer in Reinforcement Learning using Successor Featurescited by 12
- 2025Risk-Sensitive RL for Alleviating Exploration Dilemmas in Large Language Modelscited by 12
- 2021Policy Gradient Bayesian Robust Optimization for Imitation Learningcited by 11
- 2021Variance Penalized On-Policy and Off-Policy Actor-Criticcited by 10
- 2022Conditionally Elicitable Dynamic Risk Measures for Deep Reinforcement Learningcited by 9
- 2024Risk-Sensitive Soft Actor-Critic for Robust Deep Reinforcement Learning under Distribution Shiftscited by 6
- 2024Pessimism Meets Risk: Risk-Sensitive Offline Reinforcement Learningcited by 5
- 2022RASR: Risk-Averse Soft-Robust MDPs with EVaR and Entropic Riskcited by 4
- 2024Risk-sensitive control as inference with R'enyi divergencecited by 3
7 more
- 2022Cascaded Gaps: Towards Gap-Dependent Regret for Risk-Sensitive Reinforcement Learningcited by 2
- 2025Safety-Aware Reinforcement Learning for Control via Risk-Sensitive Action-Value Iteration and Quantile Regressioncited by 2
- 2024TRAM: Test-Time Risk Adaptation with Mixture of Agentscited by 1
- 2025An Actor-Critic Algorithm with Function Approximation for Risk Sensitive Cost Markov Decision Processescited by 0
- 2025Risk-Averse Reinforcement Learning with Itakura-Saito Losscited by 0
- 2025Benefits of Online Tilted Empirical Risk Minimization: A Case Study of Outlier Detection and Robust Regressioncited by 0
- 2026Risk-Sensitive Exponential Actor Criticcited by 0
- 2026Risk-Sensitive Exponential Actor Critic6 Feb 2026
- 2025Risk-Sensitive RL for Alleviating Exploration Dilemmas in Large Language Models29 Sep 2025
- 2025Benefits of Online Tilted Empirical Risk Minimization: A Case Study of Outlier Detection and Robust Regression18 Sep 2025
- 2025Safety-Aware Reinforcement Learning for Control via Risk-Sensitive Action-Value Iteration and Quantile Regression8 Jun 2025
- 2025Risk-Averse Reinforcement Learning with Itakura-Saito Loss22 May 2025
- 2025An Actor-Critic Algorithm with Function Approximation for Risk Sensitive Cost Markov Decision Processes17 Feb 2025
- 2024Risk-sensitive control as inference with R'enyi divergence4 Nov 2024
- 2024TRAM: Test-Time Risk Adaptation with Mixture of Agents16 Aug 2024
- 2024Pessimism Meets Risk: Risk-Sensitive Offline Reinforcement Learning10 Jul 2024
- 2024Risk-Sensitive Soft Actor-Critic for Robust Deep Reinforcement Learning under Distribution Shifts15 Feb 2024
- 2022Risk-Sensitive Reinforcement Learning with Exponential Criteria18 Dec 2022
- 2022Bridging Distributional and Risk-sensitive Reinforcement Learning with Provable Regret Bounds25 Oct 2022
7 more
- 2022RASR: Risk-Averse Soft-Robust MDPs with EVaR and Entropic Risk9 Sep 2022
- 2022Conditionally Elicitable Dynamic Risk Measures for Deep Reinforcement Learning29 Jun 2022
- 2022Cascaded Gaps: Towards Gap-Dependent Regret for Risk-Sensitive Reinforcement Learning7 Mar 2022
- 2021Reinforcement Learning with Dynamic Convex Risk Measures26 Dec 2021
- 2021Policy Gradient Bayesian Robust Optimization for Imitation Learning11 Jun 2021
- 2021Risk-Aware Transfer in Reinforcement Learning using Successor Features28 May 2021
- 2021Variance Penalized On-Policy and Off-Policy Actor-Critic3 Feb 2021
- 2024TRAM: Test-Time Risk Adaptation with Mixture of Agentscited by 1
- 2024TRAM: Test-Time Risk Adaptation with Mixture of Agents16 Aug 2024
- 2021Reinforcement Learning with Dynamic Convex Risk Measurescited by 20
- 2022Bridging Distributional and Risk-sensitive Reinforcement Learning with Provable Regret Boundscited by 16
- 2022Risk-Sensitive Reinforcement Learning with Exponential Criteriacited by 15
- 2021Risk-Aware Transfer in Reinforcement Learning using Successor Featurescited by 12
- 2021Variance Penalized On-Policy and Off-Policy Actor-Criticcited by 10
- 2022Conditionally Elicitable Dynamic Risk Measures for Deep Reinforcement Learningcited by 9
- 2024Risk-Sensitive Soft Actor-Critic for Robust Deep Reinforcement Learning under Distribution Shiftscited by 6
- 2022RASR: Risk-Averse Soft-Robust MDPs with EVaR and Entropic Riskcited by 4
- 2024Risk-sensitive control as inference with R'enyi divergencecited by 3
- 2022Cascaded Gaps: Towards Gap-Dependent Regret for Risk-Sensitive Reinforcement Learningcited by 2
- 2025Safety-Aware Reinforcement Learning for Control via Risk-Sensitive Action-Value Iteration and Quantile Regressioncited by 2
- 2025An Actor-Critic Algorithm with Function Approximation for Risk Sensitive Cost Markov Decision Processescited by 0
12 most cited of 15 All 15 (JSON)
- 2026Risk-Sensitive Exponential Actor Critic6 Feb 2026
- 2025Benefits of Online Tilted Empirical Risk Minimization: A Case Study of Outlier Detection and Robust Regression18 Sep 2025
- 2025Safety-Aware Reinforcement Learning for Control via Risk-Sensitive Action-Value Iteration and Quantile Regression8 Jun 2025
- 2025Risk-Averse Reinforcement Learning with Itakura-Saito Loss22 May 2025
- 2025An Actor-Critic Algorithm with Function Approximation for Risk Sensitive Cost Markov Decision Processes17 Feb 2025
- 2024Risk-sensitive control as inference with R'enyi divergence4 Nov 2024
- 2024Risk-Sensitive Soft Actor-Critic for Robust Deep Reinforcement Learning under Distribution Shifts15 Feb 2024
- 2022Risk-Sensitive Reinforcement Learning with Exponential Criteria18 Dec 2022
- 2022Bridging Distributional and Risk-sensitive Reinforcement Learning with Provable Regret Bounds25 Oct 2022
- 2022RASR: Risk-Averse Soft-Robust MDPs with EVaR and Entropic Risk9 Sep 2022
- 2022Conditionally Elicitable Dynamic Risk Measures for Deep Reinforcement Learning29 Jun 2022
- 2022Cascaded Gaps: Towards Gap-Dependent Regret for Risk-Sensitive Reinforcement Learning7 Mar 2022
12 newest of 15 All 15 (JSON)