# Off-Policy Learning with Limited Supply

arXiv: https://arxiv.org/abs/2603.18702 · HTML: https://mlsanity.com/paper/2603.18702/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- Builds on 20 of its 36 references that are in the map.
- First posted on arXiv 19 Mar 2026.

## Builds on (most cited first, 20 of 20)

- [Breaking the Curse of Horizon: Infinite-Horizon Off-Policy Estimation](https://mlsanity.com/paper/1810.12429/) (2018)
- [Bandits with Knapsacks](https://mlsanity.com/paper/1305.2545/) (2013)
- [Doubly Robust Policy Evaluation and Optimization](https://mlsanity.com/paper/1503.02834/) (2015)
- [More Robust Doubly Robust Off-policy Evaluation](https://mlsanity.com/paper/1802.03493/) (2018)
- [Off-policy evaluation for slate recommendation](https://mlsanity.com/paper/1605.04812/) (2016)
- [Offline A/B testing for Recommender Systems](https://mlsanity.com/paper/1801.07030/) (2018)
- [KuaiRec: A Fully-observed Dataset and Insights for Evaluating Recommender Systems](https://mlsanity.com/paper/2202.10842/) (2022)
- [A Review of Off-Policy Evaluation in Reinforcement Learning](https://mlsanity.com/paper/2212.06355/) (2022)
- [Doubly robust off-policy evaluation with shrinkage](https://mlsanity.com/paper/1907.09623/) (2019)
- [Linear Contextual Bandits with Knapsacks](https://mlsanity.com/paper/1507.06738/) (2015)
- [Open Bandit Dataset and Pipeline: Towards Realistic and Reproducible Off-Policy Evaluation](https://mlsanity.com/paper/2008.07146/) (2020)
- [Off-Policy Evaluation for Large Action Spaces via Embeddings](https://mlsanity.com/paper/2202.06317/) (2022)
- [Evaluating the Robustness of Off-Policy Evaluation](https://mlsanity.com/paper/2108.13703/) (2021)
- [Optimal Off-Policy Evaluation from Multiple Logging Policies](https://mlsanity.com/paper/2010.11002/) (2020)
- [Doubly Robust Off-Policy Evaluation for Ranking Policies under the Cascade Behavior Model](https://mlsanity.com/paper/2202.01562/) (2022)
- [Off-Policy Evaluation of Slate Bandit Policies via Optimizing Abstraction](https://mlsanity.com/paper/2402.02171/) (2024)
- [Off-Policy Evaluation of Ranking Policies under Diverse User Behavior](https://mlsanity.com/paper/2306.15098/) (2023)
- [Towards Assessing and Benchmarking Risk-Return Tradeoff of Off-Policy Evaluation](https://mlsanity.com/paper/2311.18207/) (2023)
- [POTEC: Off-Policy Learning for Large Action Spaces via Two-Stage Policy Decomposition](https://mlsanity.com/paper/2402.06151/) (2024)
- [Long-term Off-Policy Evaluation and Learning](https://mlsanity.com/paper/2404.15691/) (2024)

## Built on by (most cited first, 1 of 1)

- [Efficient Offline Learning of Ranking Policies via Top-k Policy Decomposition](https://mlsanity.com/paper/2609.36740/) (2026)

## Abstract (arXiv)

We study off-policy learning (OPL) in contextual bandits, which plays a key role in a wide range of real-world applications such as recommendation systems and online advertising. Typical OPL in contextual bandits assumes an unconstrained environment where a policy can select the same item infinitely. However, in many practical applications, including coupon allocation and e-commerce, limited supply constrains items through budget limits on distributed coupons or inventory restrictions on products. In these settings, greedily selecting the item with the highest expected reward for the current user may lead to early depletion of that item, making it unavailable for future users who could potentially generate higher expected rewards. As a result, OPL methods that are optimal in unconstrained settings may become suboptimal in limited supply settings. To address the issue, we provide a theoretical analysis showing that conventional greedy OPL approaches may fail to maximize the policy performance, and demonstrate that policies with superior performance must exist in limited supply settings. Based on this insight, we introduce a novel method called Off-Policy learning with Limited Supply (OPLS). Rather than simply selecting the item with the highest expected reward, OPLS focuses on items with relatively higher expected rewards compared to the other users, enabling more efficient allocation of items with limited supply. Our empirical results on both synthetic and real-world datasets show that OPLS outperforms existing OPL methods in contextual bandit problems with limited supply.
