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- W2094589420 abstract "Abstract This note provides a characterization of optimal policies in a class of two-armed bandits that allows for correlated arms. This characterization extends previously known results in the literature. In particular, it implies, under a mild continuity assumption, the optimality of cutoff belief strategies for this class of bandits. Cutoff beliefs are not unique, though." @default.
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- W2094589420 date "2007-07-01" @default.
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- W2094589420 title "Good news and bad news in two-armed bandits" @default.
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- W2094589420 doi "https://doi.org/10.1016/j.jet.2006.09.003" @default.
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