Exploring new technologies for the future generation: exploration–exploitation trade-off in an intergenerational framework

Decision making on exploring or exploiting technology was studied by means of a laboratory experiment with a two-generation framework. In this framework, the design of a virtual tool is transmitted from the first to second generation, and hence, the former can help the latter by frequently exploring...

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Bibliographic Details
Main Authors: Nakawake, Y, Kobayashi, Y
Format: Journal article
Language:English
Published: The Royal Society 2024