Learning and choosing in an uncertain world: An investigation of the explore–exploit dilemma in static and dynamic environments.

How do people solve the explore–exploit trade-off in a changing environment? In this paper we present experimental evidence from an “observe or bet” task, in which people have to determine when to engage in information-seeking behavior and when to switch to reward-taking actions. In particular we fo...

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Detalles Bibliográficos
Publicado en:Cognitive Psychology Vol. 85; pp. 43 - 78
Autores principales: Navarro, Daniel J., Newell, Ben R., Schulze, Christin
Formato: Artículo
Publicado: Academic Press Inc. Mar2016
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Acceso en línea:Ver este registro en EBSCOhost