EXPLORE AND EXPLOIT: HOW ORGANIZATIONS DEAL WITH THE INNOVATOR'S DILEMMA

The diabetes dilemma: how do we deal with it?

What do I do now? An electroencephalographic investigation of the explore/exploit dilemma.

To maximize reward, we are faced with the dilemma of having to balance the exploration of new response options and the exploitation of previous choices. Here, we sought to determine if the event-related brain potential (ERP) in the P300 time range is sensitive to decisions to explore or exploit within the context of a sequential risk-taking task. Specifically, the task we used required particip...

Explore, Excogitate, Exploit: Component Mining

nents? In a panel at TOOLS USA 1994, Eric Aranow nicely outlined the basic question: “Is it nature or nurture?” In other words, are components born— devised from the start as components— or are components made? That is to say, have they evolved from program elements that may have been originally built for other purposes? Although some panel members argued for the nature view, it was clear to ev...

Learning to Explore and Exploit in POMDPs

A fundamental objective in reinforcement learning is the maintenance of a proper balance between exploration and exploitation. This problem becomes more challenging when the agent can only partially observe the states of its environment. In this paper we propose a dual-policy method for jointly learning the agent behavior and the balance between exploration exploitation, in partially observable...

How to Deal With

In the introduction to his book, Abanes presents eight questions that he hopes to answer concerning Christianity and Harry Potter throughout his books. Some of these include: “Are the Potter books harmless fantasy novels fit for adults and children alike? Or do they contain spiritually dangerous material that could ultimately lead youth down the road to occultism? Does J.K. Rowling present a “m...