Strategic Experimentation with Exponential Bandits.
We analyze a game of strategic experimentation with two-armed bandits whose risky arm might yield payoffs after exponentially distributed random times. Free-riding causes an inefficiently low level of experimentation in any equilibrium where the players use stationary Markovian strategies with belie...
मुख्य लेखकों: | Keller, G, Rady, S, Cripps, M |
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स्वरूप: | Journal article |
भाषा: | English |
प्रकाशित: |
2005
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समान संसाधन
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