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cs.LG2015
Satisficing in multi-armed bandit problems
Paul Reverdy, Vaibhav Srivastava, Naomi Ehrich Leonard
Satisficing is a relaxation of maximizing and allows for less risky decision making in the face of uncertainty. We propose two sets of satisficing objectives for the multi-armed ba…
cs.LG2013★ 5 cited
Modeling Human Decision-making in Generalized Gaussian Multi-armed Bandits
Paul Reverdy, Vaibhav Srivastava, Naomi E. Leonard
We present a formal model of human decision-making in explore-exploit tasks using the context of multi-armed bandit problems, where the decision-maker must choose among multiple op…