There's a good derivation of EXP3 algorithm from standard multiplicative weights which is fairly intuitive. The transformation between the two is explained a bi

There's a good derivation of EXP3 algorithm from standard multiplicative weights which is fairly intuitive. The transformation between the two is explained a bit in https://nerva.cs.uni-bonn.de/lib/exe/fetch.php/teaching/ws1819/vl-aau/lecturenotes17.pdf https://nerva.cs.uni-bonn.de/lib/exe/fetch.php/teaching/ws18.... Once you have the intuition, then the actual choice of parameters is just cranking out the math