The World Needs more Bandits

More Bandits@lukasvermeer

The World Needs

we are all in the business of running experiments

we run experiments, because we need to know that what we do is

good for our business

our most important KPI is how many successful experiments we run

Multi-Armed Banditsgetting the most out of your experiments

A/B Test (Epsilon First)the gold standard for (business) experiments

Exploration/Exploitationexperiments cost money

Regretminimizing the cost of your experiments

Greedy Banditcontrolled exploration

Thompson Banditexploit as much as you dare

Contextual Banditsfar beyond basic bandit experiments

Start Nowmaximize experimentation – minimize costs

we are all in the business of running experiments

we run experiments, because we need to know that what we do is

good for our business

our most important KPI is how many successful experiments we do

More Bandits@lukasvermeer

The World Needs