Construct · 1 fields · 1 citations

Gittins index: a standalone construct

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Operations research

a value attached to each arm of a bandit problem such that always playing the arm with the highest index is optimal.

In operations research, Gittins index refers to a value attached to each arm of a bandit problem such that always playing the arm with the highest index is optimal. This meaning comes from Gittins (1979) in Journal of the Royal Statistical Society Series B: Statistical Methodology.[1]

Unit
Recovery means
Measured by

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Nearby constructs

bandit4 fields · 6 citationsjingle · one word, four constructs index5 fields · 11 citationsjingle · one word, five constructs operation1 fields · 1 citationsanchor · a standalone construct

References

Gittins, J. C. (1979). Bandit Processes and Dynamic Allocation Indices. Journal of the Royal Statistical Society Series B: Statistical Methodology, 41(2), 148-164. https://doi.org/10.1111/j.2517-6161.1979.tb01068.x

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