Dynamic hedging is a financial strategy that consists in periodically transacting one or multiple financial assets to offset the risk associated with a correlated liability. Deep Reinforcement Learning (DRL) algorithms have been used to find optimal solutions to dynamic hedging problems by framing them as sequential decision-making problems. However, most previous work assesses the performance of only one or two DRL algorithms, making an objective comparison across algorithms difficult. In this paper, we compare the performance of eight DRL algorithms in the context of dynamic hedging; Monte Carlo Policy Gradient (MCPG), Proximal Policy Optimization (PPO), along with four variants of Deep Q-Learning (DQL) and two variants of Deep Deterministic Policy Gradient (DDPG). Two of these variants represent a novel application to the task of dynamic hedging. In our experiments, we use the Black-Scholes delta hedge as a baseline and simulate the dataset using a GJR-GARCH(1,1) model. Results show that MCPG, followed by PPO, obtain the best performance in terms of the root semi-quadratic penalty. Moreover, MCPG is the only algorithm to outperform the Black-Scholes delta hedge baseline with the allotted computational budget, possibly due to the sparsity of rewards in our environment.

In today's era, autonomous vehicles demand a safety level on par with aircraft. Taking a cue from the aerospace industry, which relies on redundancy to achieve high reliability, the automotive sector can also leverage this concept by building redundancy in V2X (Vehicle-to-Everything) technologies. Given the current lack of reliable V2X technologies, this idea is particularly promising. By deploying multiple RATs (Radio Access Technologies) in parallel, the ongoing debate over the standard technology for future vehicles can be put to rest. However, coordinating multiple communication technologies is a complex task due to dynamic, time-varying channels and varying traffic conditions. This paper addresses the vertical handover problem in V2X using Deep Reinforcement Learning (DRL) algorithms. The goal is to assist vehicles in selecting the most appropriate V2X technology (DSRC/V-VLC) in a serpentine environment. The results show that the benchmarked algorithms outperform the current state-of-the-art approaches in terms of redundancy and usage rate of V-VLC headlights. This result is a significant reduction in communication costs while maintaining a high level of reliability. These results provide strong evidence for integrating advanced DRL decision mechanisms into the architecture as a promising approach to solving the vertical handover problem in V2X.

Ramp metering is the act of controlling on-going vehicles to the highway mainlines. Decades of practices of ramp metering have proved that ramp metering can decrease total travel time, mitigate shockwaves, decrease rear-end collisions by smoothing the traffic interweaving process, etc. Besides traditional control algorithm like ALINEA, Deep Reinforcement Learning (DRL) algorithms have been introduced to build a finer control. However, two remaining challenges still hinder DRL from being implemented in the real world: (1) some assumptions of algorithms are hard to be matched in the real world; (2) the rich input states may make the model vulnerable to attacks and data noises. To investigate these issues, we propose a Deep Q-Learning algorithm using only loop detectors information as inputs in this study. Then, a set of False Data Injection attacks and random noise attack are designed to investigate the robustness of the model. The major benefit of the model is that it can be applied to almost any ramp metering sites regardless of the road geometries and layouts. Besides outcompeting the ALINEA method, the Deep Q-Learning method also shows a good robustness through training among very different demands and geometries. For example, during the testing case in I-24 near Murfreesboro, TN, the model shows its robustness as it still outperforms ALINEA algorithm under Fast Gradient Sign Method attacks. Unlike many previous studies, the model is trained and tested in completely different environments to show the capabilities of the model.

This paper presents a benchmarking study of some of the state-of-the-art reinforcement learning algorithms used for solving two simulated vision-based robotics problems. The algorithms considered in this study include soft actor-critic (SAC), proximal policy optimization (PPO), interpolated policy gradients (IPG), and their variants with Hindsight Experience replay (HER). The performances of these algorithms are compared against PyBullet's two simulation environments known as KukaDiverseObjectEnv and RacecarZEDGymEnv respectively. The state observations in these environments are available in the form of RGB images and the action space is continuous, making them difficult to solve. A number of strategies are suggested to provide intermediate hindsight goals required for implementing HER algorithm on these problems which are essentially single-goal environments. In addition, a number of feature extraction architectures are proposed to incorporate spatial and temporal attention in the learning process. Through rigorous simulation experiments, the improvement achieved with these components are established. To the best of our knowledge, such a benchmarking study is not available for the above two vision-based robotics problems making it a novel contribution in the field.

Recent successes combine reinforcement learning algorithms and deep neural networks, despite reinforcement learning not being widely applied to robotics and real world scenarios. This can be attributed to the fact that current state-of-the-art, end-to-end reinforcement learning approaches still require thousands or millions of data samples to converge to a satisfactory policy and are subject to catastrophic failures during training. Conversely, in real world scenarios and after just a few data samples, humans are able to either provide demonstrations of the task, intervene to prevent catastrophic actions, or simply evaluate if the policy is performing correctly. This research investigates how to integrate these human interaction modalities to the reinforcement learning loop, increasing sample efficiency and enabling real-time reinforcement learning in robotics and real world scenarios. This novel theoretical foundation is called Cycle-of-Learning, a reference to how different human interaction modalities, namely, task demonstration, intervention, and evaluation, are cycled and combined to reinforcement learning algorithms. Results presented in this work show that the reward signal that is learned based upon human interaction accelerates the rate of learning of reinforcement learning algorithms and that learning from a combination of human demonstrations and interventions is faster and more sample efficient when compared to traditional supervised learning algorithms. Finally, Cycle-of-Learning develops an effective transition between policies learned using human demonstrations and interventions to reinforcement learning. The theoretical foundation developed by this research opens new research paths to human-agent teaming scenarios where autonomous agents are able to learn from human teammates and adapt to mission performance metrics in real-time and in real world scenarios.

We consider networked control systems consisting of multiple independent controlled subsystems, operating over a shared communication network. Such systems are ubiquitous in cyber-physical systems, Internet of Things, and large-scale industrial systems. In many large-scale settings, the size of the communication network is smaller than the size of the system. In consequence, scheduling issues arise. The main contribution of this paper is to develop a deep reinforcement learning-based \emph{control-aware} scheduling (\textsc{DeepCAS}) algorithm to tackle these issues. We use the following (optimal) design strategy: First, we synthesize an optimal controller for each subsystem; next, we design a learning algorithm that adapts to the chosen subsystems (plants) and controllers. As a consequence of this adaptation, our algorithm finds a schedule that minimizes the \emph{control loss}. We present empirical results to show that \textsc{DeepCAS} finds schedules with better performance than periodic ones.