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econ.TH2024
Disentangling Exploration from Exploitation
Alessandro Lizzeri, Eran Shmaya, Leeat Yariv
Starting from Robbins (1952), the literature on experimentation via multi-armed bandits has wed exploration and exploitation. Nonetheless, in many applications, agents' exploration…
econ.GN2024★ 41 cited
An Experimental Study of Decentralized Matching
Federico Echenique, Alejandro Robinson-Cortés, Leeat Yariv
We present an experimental study of decentralized two-sided matching markets with no transfers. Experimental participants are informed of everyone's preferences and can make arbitr…