Competing Bandits: The Perils of Exploration under Competition

Guy Aridor
Guy Aridor
Kevin Liu
Kevin Liu

arXiv: Computer Science and Game Theory, 2019.

Cited by: 3|Bibtex|Views26
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Other Links: dblp.uni-trier.de|academic.microsoft.com|arxiv.org

Abstract:

empirically study the interplay between exploration and competition. Systems that learn from interactions with users often engage in exploration: making potentially suboptimal decisions in order to acquire new information for future decisions. However, when multiple systems are competing for the same market of users, exploration may hurt...More

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