A Bayesian analysis of human decision-making on bandit problems

DOI10.1016/j.jmp.2008.11.002zbMath1176.90319WikidataQ57710688 ScholiaQ57710688MaRDI QIDQ1042313

Eric‐Jan Wagenmakers, Mark Steyvers, Michael D. Lee

Publication date: 7 December 2009

Published in: Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmp.2008.11.002

zbMATH Keywords

decision-making; Bayesian modeling; individual differences; bandit problem; exploration versus exploitation

Mathematics Subject Classification ID

90B50: Management decision making, including multiple objectives

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Uses Software

• BayesDA

Cites Work

• An experimental analysis of the bandit problem
• Optimal learning and experimentation in bandit problems.
• Bayes Factors
• Sequential Choice Under Ambiguity: Intuitive Solutions to the Armed-Bandit Problem
• A Bernoulli Two-armed Bandit
• Some aspects of the sequential design of experiments
• Graphical models
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