David Austen-Smith

Kellogg School of Management, Northwestern University

2001 Sheridan Road

Evanston, IL 60208

United States

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Optimal Exploration

GMU Working Paper in Economics No. 18-25
Number of pages: 35 Posted: 13 Sep 2018
David Austen-Smith and C├ęsar Martinelli
Kellogg School of Management, Northwestern University and George Mason University - Interdisciplinary Center for Economic Science (ICES)
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Abstract:

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optimal sequencing of experimentation, multi-armed bandit problem, bandits, Pandora's Box, Sequential sampling