Conservation Laws, Extended Polymatroids and Multi-Armed Bandit Problems: An Unified Approach to Indexable Systems (Classic Reprint) - Rilegato

Bertsimas, Dimitris

9780331233155: Conservation Laws, Extended Polymatroids and Multi-Armed Bandit Problems: An Unified Approach to Indexable Systems (Classic Reprint)

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ISBN 10: 0331233150 ISBN 13: 9780331233155

Casa editrice: Forgotten Books, 2018

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Excerpt from Conservation Laws, Extended Polymatroids and Multi-Armed Bandit Problems: An Unified Approach to Indexable Systems

An interesting distinction, which is not emphasized in the literature, is that examples (1) and (2) above are indexable systems, but they are not in general decomposable systems. Example however, has a more refined structure. It is indexable, but not decomposable. Under discounting, while it is decomposable under the average cost criterion (the cu rule). As already observed, the multi-armed bandit problem is an example of a decomposable system, while example (4) above is also decomposable.

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