A Common Value Experimentation with Multiarmed Bandits
Joint Authors
Gao, Xiujuan
Liang, Hao
Wang, Tong
Source
Mathematical Problems in Engineering
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-07-30
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
We study a value common experimentation with multiarmed bandits and give an application about the experimentation.
The second derivative of value functions at cutoffs is investigated when an agent switches action with multiarmed bandits.
If consumers have identical preference which is unknown and purchase products from only two sellers among multiple sellers, we obtain the necessary and sufficient conditions about the common experimentation.
The Markov perfect equilibrium and the socially effective allocation in K-armed markets are discussed.
American Psychological Association (APA)
Gao, Xiujuan& Liang, Hao& Wang, Tong. 2018. A Common Value Experimentation with Multiarmed Bandits. Mathematical Problems in Engineering،Vol. 2018, no. 2018, pp.1-8.
https://search.emarefa.net/detail/BIM-1207697
Modern Language Association (MLA)
Gao, Xiujuan…[et al.]. A Common Value Experimentation with Multiarmed Bandits. Mathematical Problems in Engineering No. 2018 (2018), pp.1-8.
https://search.emarefa.net/detail/BIM-1207697
American Medical Association (AMA)
Gao, Xiujuan& Liang, Hao& Wang, Tong. A Common Value Experimentation with Multiarmed Bandits. Mathematical Problems in Engineering. 2018. Vol. 2018, no. 2018, pp.1-8.
https://search.emarefa.net/detail/BIM-1207697
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1207697