Exploitation and Exploration

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(Swarm Intelligence)
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John Holland's principle of balancing '''exploitation and exploration''' (Holland, 1992):
John Holland's principle of balancing '''exploitation and exploration''' (Holland, 1992):
the right balance between exploitation and exploration allows
the right balance between exploitation and exploration allows
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in changing environments. It is also important in many other fields, for
in changing environments. It is also important in many other fields, for
example in reinforcement learning and economics: should companies invest  
example in reinforcement learning and economics: should companies invest  
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in research & development and fund innovative ideas or should they try to  
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in research &amp; development and fund innovative ideas or should they try to  
use their available resources and techniques more efficiently ?
use their available resources and techniques more efficiently ?
The principle of balancing exploitation and exploration is based
The principle of balancing exploitation and exploration is based

Revision as of 02:47, 24 November 2010

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