What do Reward Models Memorize?

Ivo Verhoeven, Pushkar Mishra, Ekaterina Shutova


Abstract
This paper studies what discriminatively trained reward models (RMs) memorize by measuring counterfactual memorization on two human preference datasets. We show that RMs 1) misallocate memorization to easy, high margin preference pairs, 2) memorize dataset-specific shortcuts (e.g., model identity, user sampling strategy), and 3) overgeneralize simple heuristic correlates of human preference (e.g., length, compliance) when confronted with unseen preference pairs. Overall, our findings indicate that discriminative training of RMs from human preference data results in biased RMs not yet capable of judging response quality in context-dependent scenarios.
Anthology ID:
2026.findings-emnlp.1733
Volume:
Findings of the Association for Computational Linguistics: EMNLP 2026
Month:
October
Year:
2026
Address:
Budapest, Hungary
Editors:
Hung-Yi Lee, Sunipa Dev, Jessy Li, Desmond Elliott
Venue:
Findings
SIG:
SIGDAT
Publisher:
Association for Computational Linguistics
Note:
Pages:
37052–37086
Language:
URL:
https://aclanthology.org/2026.findings-emnlp.1733/
DOI:
Bibkey:
Cite (ACL):
Ivo Verhoeven, Pushkar Mishra, and Ekaterina Shutova. 2026. What do Reward Models Memorize?. In Findings of the Association for Computational Linguistics: EMNLP 2026, pages 37052–37086, Budapest, Hungary. Association for Computational Linguistics.
Cite (Informal):
What do Reward Models Memorize? (Verhoeven et al., Findings 2026)
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PDF:
https://aclanthology.org/2026.findings-emnlp.1733.pdf