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• W2285495929 abstract "Sequential decision making problems often require an agent to act in an environment where data is noisy or not fully observed. The agent will have to learn how different actions relate to different rewards, and must therefore balance the need to explore and exploit in an effective strategy. In this report, sequential decision making problems are considered through extensions of the multi-armed bandit framework. Firstly, the bandit problem is extended to a Multi-Agent System (MAS), where agents control individual arms but can communicate potentially useful information with each other. This framework allows for a better understanding of the exploration-exploitation tradeoff in scenarios where there are multiple agents interacting in a noisy environment. To this end, we present a novel strategy for action and communication decisions and we demonstrate the benefits of such a strategy empirically. This motivates a theoretical analysis of one-armed bandit problems, to develop ideas of how different strategies are optimally tuned. Specifically, the expected rewards of e-greedy strategies are derived, as well as proofs governing their optimal tuning." @default.
• W2285495929 created "2016-06-24" @default.
• W2285495929 creator A5026098176 @default.
• W2285495929 date "2011-04-01" @default.
• W2285495929 modified "2023-09-26" @default.
• W2285495929 title "The exploration-exploitation trade-off in sequential decision making problems" @default.
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