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  • 1
    ISSN: 1432-5217
    Keywords: Key words: Conservation laws ; Gittins index ; LP relaxation ; multi-armed bandit ; performance space ; undiscounted tax problem
    Source: Springer Online Journal Archives 1860-2000
    Topics: Mathematics , Economics
    Notes: Abstract. A radically new approach to indexable systems pioneered by Bertsimas and Niño-Mora is utilised to provide novel analyses of classes of complex multi-armed bandits in which the individual bandits have their own decision structure. A new index result for an undiscounted model is established. Parallel server versions of the models are studied via (the dual of) an LP relaxation. This analysis yields a natural heuristic policy which is evaluated numerically.
    Type of Medium: Electronic Resource
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