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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. Radner, Roy & Rothschild, Michael, 1975. "On the allocation of effort," Journal of Economic Theory, Elsevier, vol. 10(3), pages 358-376, June.
    3. Banks, Jeffrey S & Sundaram, Rangarajan K, 1992. "Denumerable-Armed Bandits," Econometrica, Econometric Society, vol. 60(5), pages 1071-1096, September.
    4. Dirk Bergemann & Juuso Valimaki, 2006. "Bandit Problems," Cowles Foundation Discussion Papers 1551, Cowles Foundation for Research in Economics, Yale University.
    5. Steven Callander, 2011. "Searching and Learning by Trial and Error," American Economic Review, American Economic Association, vol. 101(6), pages 2277-2308, October.
    Full references (including those not matched with items on IDEAS)

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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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