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20132025
most citedCost-aware Bayesian Optimization via the Pandora's Box Gittins Index

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math.OC2025

The Gittins Index: A Design Principle for Decision-Making Under Uncertainty

Ziv Scully, Alexander Terenin

The Gittins index is a tool that optimally solves a variety of decision-making problems involving uncertainty, including multi-armed bandit problems, minimizing mean latency in que…