Optimal hysteresis for a class of deterministic deteriorating two-armed bandit problem with switching costs. (Q1421425): Difference between revisions
From MaRDI portal
Changed an Item |
Set profile property. |
||
| Property / MaRDI profile type | |||
| Property / MaRDI profile type: MaRDI publication profile / rank | |||
Normal rank | |||
Revision as of 03:17, 5 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal hysteresis for a class of deterministic deteriorating two-armed bandit problem with switching costs. |
scientific article |
Statements
Optimal hysteresis for a class of deterministic deteriorating two-armed bandit problem with switching costs. (English)
0 references
26 January 2004
0 references
The authors derive the optimal policy for the dynamic scheduling of a class of special two-armed bandit-problems with switching costs. The scheduling policy exhibits an hysteretic character. Using this solvable class of models, the authors observe the performance of a sub-optimal policy derived from a set of generalized priority indices.
0 references
Multi-armed bandit process
0 references
Switching costs
0 references
Optimal switching curves
0 references
Hysteretic policy
0 references
Priority index policy
0 references
dynamic scheduling
0 references
