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In this context I can recommend the book https://www.goodreads.com/book/show/25666050-algorithms-to-live-by https://www.goodreads.com/book/show/25666050-algorit
by kohlerm 5y ago
In this context I can recommend the book https://www.goodreads.com/book/show/25666050-algorithms-to-live-by https://www.goodreads.com/book/show/25666050-algorithms-to-l... .
Basing decisions solely on regret minimization is certainly not a good idea.
You need to spend some time also on exploration. E.g. you do something where you do not really know what the value is. See also https://en.wikipedia.org/wiki/Multi-armed_bandit https://en.wikipedia.org/wiki/Multi-armed_bandit problem