# Risk-Averse Finetuning of Large Language Models

arXiv: https://arxiv.org/abs/2501.06911 · HTML: https://mlsanity.com/paper/2501.06911/

## Key facts

- Cited by 7 papers in the map (data through 14 Oct 2026).
- Builds on 43 of its 55 references that are in the map.
- First posted on arXiv 12 Jan 2025.

## Builds on (most cited first, 30 of 43)

- [Attention Is All You Need](https://mlsanity.com/paper/1706.03762/) (2017)
- [BERT: Pre-training of Deep Bidirectional Transformers for Language Understanding](https://mlsanity.com/paper/1810.04805/) (2018)
- [Language Models are Few-Shot Learners](https://mlsanity.com/paper/2005.14165/) (2020)
- [Training language models to follow instructions with human feedback](https://mlsanity.com/paper/2203.02155/) (2022)
- [Proximal Policy Optimization Algorithms](https://mlsanity.com/paper/1707.06347/) (2017)
- [Exploring the Limits of Transfer Learning with a Unified Text-to-Text Transformer](https://mlsanity.com/paper/1910.10683/) (2019)
- [LoRA: Low-Rank Adaptation of Large Language Models](https://mlsanity.com/paper/2106.09685/) (2021)
- [Llama 2: Open Foundation and Fine-Tuned Chat Models](https://mlsanity.com/paper/2307.09288/) (2023)
- [Retrieval-Augmented Generation for Knowledge-Intensive NLP Tasks](https://mlsanity.com/paper/2005.11401/) (2020)
- [Direct Preference Optimization: Your Language Model is Secretly a Reward Model](https://mlsanity.com/paper/2305.18290/) (2023)
- [Deep reinforcement learning from human preferences](https://mlsanity.com/paper/1706.03741/) (2017)
- [Training a Helpful and Harmless Assistant with Reinforcement Learning from Human Feedback](https://mlsanity.com/paper/2204.05862/) (2022)
- [Constitutional AI: Harmlessness from AI Feedback](https://mlsanity.com/paper/2212.08073/) (2022)
- [Sparks of Artificial General Intelligence: Early experiments with GPT-4](https://mlsanity.com/paper/2303.12712/) (2023)
- [Learning to summarize from human feedback](https://mlsanity.com/paper/2009.01325/) (2020)
- [Fine-Tuning Language Models from Human Preferences](https://mlsanity.com/paper/1909.08593/) (2019)
- [WebGPT: Browser-assisted question-answering with human feedback](https://mlsanity.com/paper/2112.09332/) (2021)
- [RealToxicityPrompts: Evaluating Neural Toxic Degeneration in Language Models](https://mlsanity.com/paper/2009.11462/) (2020)
- [Ethical and social risks of harm from Language Models](https://mlsanity.com/paper/2112.04359/) (2021)
- [Red Teaming Language Models to Reduce Harms: Methods, Scaling Behaviors, and Lessons Learned](https://mlsanity.com/paper/2209.07858/) (2022)
- [Universal Adversarial Triggers for Attacking and Analyzing NLP](https://mlsanity.com/paper/1908.07125/) (2019)
- [Safe RLHF: Safe Reinforcement Learning from Human Feedback](https://mlsanity.com/paper/2310.12773/) (2023)
- [The Woman Worked as a Babysitter: On Biases in Language Generation](https://mlsanity.com/paper/1909.01326/) (2019)
- [DExperts: Decoding-Time Controlled Text Generation with Experts and Anti-Experts](https://mlsanity.com/paper/2105.03023/) (2021)
- [GeDi: Generative Discriminator Guided Sequence Generation](https://mlsanity.com/paper/2009.06367/) (2020)
- [Implicit Quantile Networks for Distributional Reinforcement Learning](https://mlsanity.com/paper/1806.06923/) (2018)
- [Toxicity in ChatGPT: Analyzing Persona-assigned Language Models](https://mlsanity.com/paper/2304.05335/) (2023)
- [Towards Understanding and Mitigating Social Biases in Language Models](https://mlsanity.com/paper/2106.13219/) (2021)
- [Is Reinforcement Learning (Not) for Natural Language Processing: Benchmarks, Baselines, and Building Blocks for Natural Language Policy Optimization](https://mlsanity.com/paper/2210.01241/) (2022)
- [Quark: Controllable Text Generation with Reinforced Unlearning](https://mlsanity.com/paper/2205.13636/) (2022)

## Built on by (most cited first, 7 of 7)

- [Efficient Tail-Aware Generative Optimization via Flow Model Fine-Tuning](https://mlsanity.com/paper/2602.16796/) (2026)
- [Knowledge Graph-Infused Fine-Tuning for Structured Reasoning in Large Language Models](https://mlsanity.com/paper/2508.14427/) (2025)
- [AI Alignment Breaks at the Edge](https://mlsanity.com/paper/2602.20042/) (2026)
- [Risk-aware Direct Preference Optimization under Nested Risk Measure](https://mlsanity.com/paper/2505.20359/) (2025)
- [ESLM: Risk-Averse Selective Language Modeling for Efficient Pretraining](https://mlsanity.com/paper/2505.19893/) (2025)
- [Fine-Tuning Generative Models for Extreme Events via CVaR-Penalized Wasserstein Gradient Flows](https://mlsanity.com/paper/2608.11544/) (2026)
- [Reducing the Probability of Undesirable Outputs in Language Models Using Probabilistic Inference](https://mlsanity.com/paper/2510.21184/) (2025)

## Abstract (arXiv)

We consider the challenge of mitigating the generation of negative or toxic content by the Large Language Models (LLMs) in response to certain prompts. We propose integrating risk-averse principles into LLM fine-tuning to minimize the occurrence of harmful outputs, particularly rare but significant events. By optimizing the risk measure of Conditional Value at Risk (CVaR), our methodology trains LLMs to exhibit superior performance in avoiding toxic outputs while maintaining effectiveness in generative tasks. Empirical evaluations on sentiment modification and toxicity mitigation tasks demonstrate the efficacy of risk-averse reinforcement learning with human feedback (RLHF) in promoting a safer and more constructive online discourse environment.