Unpacking the exploration–exploitation tradeoff: A synthesis of human and animal literatures
| العنوان: | Unpacking the exploration–exploitation tradeoff: A synthesis of human and animal literatures |
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| المؤلفون: | Victoria A. Braithwaite, Cleotilde Gonzalez, Daniel Hausmann, Michael D. Lee, Klaus Fiedler, Sabine Mehlhorn, Ben R. Newell, Peter M. Todd, Kate Morgan |
| المساهمون: | Artificial Intelligence, University of Zurich, Mehlhorn, Katja |
| المصدر: | Decision, 2(3) |
| بيانات النشر: | American Psychological Association (APA), 2015. |
| سنة النشر: | 2015 |
| مصطلحات موضوعية: | Balance (metaphysics), 3207 Social Psychology, Engineering, Comparative psychology, Knowledge management, Social Psychology, Conceptualization, 10093 Institute of Psychology, business.industry, Decision theory, media_common.quotation_subject, 3202 Applied Psychology, 3206 Neuropsychology and Physiological Psychology, Neuropsychology and Physiological Psychology, Luck, Order (exchange), Scale (social sciences), 1804 Statistics, Probability and Uncertainty, Statistics, Probability and Uncertainty, 150 Psychology, business, Social psychology, Applied Psychology, Abstraction (linguistics), media_common |
| الوصف: | Many decisions in the lives of animals and humans require a fine balance between the exploration of different options and the exploitation of their rewards. Do you buy the advertised car, or do you test drive different models? Do you continue feeding from the current patch of flowers, or do you fly off to another one? Do you marry your current partner, or try your luck with someone else? The balance required in these situations is commonly referred to as the exploration– exploitation tradeoff. It features prominently in a wide range of research traditions, including learning, foraging, and decision making literatures. Here, we integrate findings from these and other often-isolated literatures in order to gain a better understand- ing of the possible tradeoffs between exploration and exploitation, and we propose new theoretical insights that might guide future research. Specifically, we explore how potential tradeoffs depend on (a) the conceptualization of exploration and exploitation; (b) the influencing environmental, social, and individual factors; (c) the scale at which exploration and exploitation are considered; (d) the relationship and types of transitions between the 2 behaviors; and (e) the goals of the decision maker. We conclude that exploration and exploitation are best conceptualized as points on a continuum, and that the extent to which an agent’s behavior can be interpreted as exploratory or exploitative depends upon the level of abstraction at which it is considered. |
| وصف الملف: | application/pdf |
| تدمد: | 2325-9973 2325-9965 |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c091558a67bddc29d08de4ae0e838d5eTest https://doi.org/10.1037/dec0000033Test |
| حقوق: | OPEN |
| رقم الانضمام: | edsair.doi.dedup.....c091558a67bddc29d08de4ae0e838d5e |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 23259973 23259965 |
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