Simple Models of Discrete Choice and Their Performance in Bandit Experiments
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چکیده
منابع مشابه
Simple Models of Discrete Choice and Their Performance in Bandit Experiments
R operations management papers model customers as solving multiarmed bandit problems, positing that consumers use a particular heuristic when choosing among suppliers. These papers then analyze the resulting competition among suppliers and mathematically characterize the equilibrium actions. There remains a question, however, as to whether the original customer models on which the analyses are ...
متن کاملSimple Models of Discrete Choice and Their Performance in Bandit Experiments
Recent operations management papers model customers as solving multi-armed bandit problems, positing that consumers use a particular heuristic when choosing among suppliers. These papers then analyze the resulting competition among suppliers and mathematically characterize the equilibrium actions. There remains a question, however, as to whether the original customer models upon which the analy...
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ژورنال
عنوان ژورنال: Manufacturing & Service Operations Management
سال: 2007
ISSN: 1523-4614,1526-5498
DOI: 10.1287/msom.1060.0130