Definitions from Wiktionary (multi-armed bandit)
▸ noun: (probability theory, machine learning) An algorithm that allocates a fixed limited set of resources between competing alternative choices so as to maximize the expected gain, when each choice's properties are only partially known at the time of allocation, and may become better understood as time passes or allocations are made.
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▸ noun: (probability theory, machine learning) An algorithm that allocates a fixed limited set of resources between competing alternative choices so as to maximize the expected gain, when each choice's properties are only partially known at the time of allocation, and may become better understood as time passes or allocations are made.
Similar:
one-armed bandit,
slot machine,
anti-martingale,
minimax,
maximin,
game of chance,
martingale,
slot,
parity game,
mechanical game,
more...
Opposite:
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