๐”– Bobbio Scriptorium
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The Optimal Level of Experimentation

โœ Scribed by Giuseppe Moscarini; Lones Smith


Book ID
108556078
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
191 KB
Volume
69
Category
Article
ISSN
0012-9682

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Learning by doing and the value of optim
โœ Volker Wieland ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 316 KB

Recent research on learning by doing has provided the limit properties of beliefs and actions for a class of learning problems, in which experimentation is an important aspect of optimal decision making. However, under these conditions the optimal policy cannot be derived analytically, because Bayes

Solving the Beck and Wieland model with
โœ Hans M. Amman; David A. Kendrick; Marco P. Tucci ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 421 KB

Currently, there is a renewed interest in the use of optimal experimentation (adaptive control) in economics. Example are found in [Amman,