Bayesian Exploration with Heterogeneous Agents
WWW '19: The Web Conference on The World Wide Web Conference WWW 2019, pp. 751-761, 2019.
It is common in recommendation systems that users both consume and produce information as they make strategic choices under uncertainty. While a social planner would balance “exploration” and “exploitation” using a multi-armed bandit algorithm, users' incentives may tilt this balance in favor of exploitation. We consider Bayesian Explorat...More
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