Exploitation and Exploration
From CasGroup
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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 | ||
| - | in | + | in research & development and fund innovative ideas or should they try to |
| - | and techniques more efficiently ? | + | use their available resources and techniques more efficiently ? |
| + | |||
| + | The principle of balancing exploitation and exploration is based | ||
| + | on two core principles of evolution: recombination and mutation | ||
| + | are an exploration, while natural selection is similar to | ||
| + | exploitation. | ||
== Books == | == Books == | ||
* Holland, J. H. 1992. Adaptation in Natural and Artificial Systems. Cambridge, MA: MIT Press. First edition, 1975 | * Holland, J. H. 1992. Adaptation in Natural and Artificial Systems. Cambridge, MA: MIT Press. First edition, 1975 | ||
