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Optimal learning of a set: Or how to edit a journal if you must

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  • Cripps, Martin W.

Abstract

There are N projects of unknown quality. We solve the problem of choosing the best n

Suggested Citation

  • Cripps, Martin W., 2013. "Optimal learning of a set: Or how to edit a journal if you must," Economics Letters, Elsevier, vol. 120(3), pages 384-388.
  • Handle: RePEc:eee:ecolet:v:120:y:2013:i:3:p:384-388
    DOI: 10.1016/j.econlet.2013.05.012
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    References listed on IDEAS

    as
    1. Nicolas Klein & Sven Rady, 2011. "Negatively Correlated Bandits," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(2), pages 693-732.
    2. Steven Callander, 2011. "Searching and Learning by Trial and Error," American Economic Review, American Economic Association, vol. 101(6), pages 2277-2308, October.
    3. Radner, Roy & Rothschild, Michael, 1975. "On the allocation of effort," Journal of Economic Theory, Elsevier, vol. 10(3), pages 358-376, June.
    4. Banks, Jeffrey S & Sundaram, Rangarajan K, 1992. "Denumerable-Armed Bandits," Econometrica, Econometric Society, vol. 60(5), pages 1071-1096, September.
    5. Dirk Bergemann & Juuso Valimaki, 2006. "Bandit Problems," Cowles Foundation Discussion Papers 1551, Cowles Foundation for Research in Economics, Yale University.
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    More about this item

    Keywords

    Experimentation; Bayesian learning; Poisson process;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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