Bandit Problems Export

@article{bergemannvalimaki2007, abstract = {We survey the literature on multi-armed bandit models and their applications in economics. The multi-armed bandit problem is a statistical decision model of an agent trying to optimize his decisions while improving his information at the same time. This classic problem has received much attention in economics as it concisely models the trade-off between exploration (trying out each arm to find the best one) and exploitation (playing the arm believed to give the best payoff).}, author = {Bergemann, D. I. R. K. and Valimaki, Juuso}, citeulike-article-id = {2449075}, citeulike-linkout-0 = {http://ssrn.com/abstract=877173}, citeulike-linkout-1 = {http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID877173_code331494.pdf?abstractid=877173&mirid=1}, journal = {Social Science Research Network Working Paper Series}, keywords = {art\_misperceptions, bandit\_model, survey}, month = {January}, posted-at = {2008-02-29 19:59:03}, priority = {2}, title = {Bandit Problems}, url = {http://ssrn.com/abstract=877173}, year = {2006} }

TY - JOUR ID - bergemannvalimaki2007 L3 - citeulike-article-id:2449075 N2 - We survey the literature on multi-armed bandit models and their applications in economics. The multi-armed bandit problem is a statistical decision model of an agent trying to optimize his decisions while improving his information at the same time. This classic problem has received much attention in economics as it concisely models the trade-off between exploration (trying out each arm to find the best one) and exploitation (playing the arm believed to give the best payoff). JF - Social Science Research Network Working Paper Series TI - Bandit Problems KW - art_misperceptions KW - bandit_model KW - survey AU - Bergemann, DIRK AU - Valimaki, Juuso PY - 2006/January// UR - http://ssrn.com/abstract=877173 ER -