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Some best possible results for a discounted one armed bandit (1983)

Glazebrook, K. D. ; Jones, D. M.

Springer

Metrika 30 (1983), S. 109-115

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Details

ISSN: 1435-926X

Quelle: Springer Online Journal Archives 1860-2000

Thema: Mathematik

Notizen: Summary A Bernoulli population with unknown probability of successp is sampled. Future rewards are discounted by a factor ϱ andp is given a uniform prior distribution. Optimal stopping rules are constructed. These rules yield theoretical results which are best possible versions of some previously obtained by Fischer. Some computer calculations demonstrate the scale of improvement of these new results on Fischer's.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1007/BF02056911

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