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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 ...
Multi-Armed Bandits
getting the most out of your experiments
A/B Test (Epsilon First)
the gold standard for (business) experiments
Exploration/Exploitation
experiments cost money
Regret
minimizing the cost
of your experiments
Greedy Bandit
controlled exploration
Thompson Bandit
exploit as much as you dare
Contextual Bandits
far beyond basic bandit experiments
Start Now
maximize 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 ...
More Bandits
@lukasvermeer
The World Needs
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The World Needs more Bandits

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Lukas Vermeer Talk ProjectWaalhalla

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Transcript of "The World Needs more Bandits"

  1. 1. More Bandits @lukasvermeer The World Needs
  2. 2. 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
  3. 3. Multi-Armed Bandits getting the most out of your experiments
  4. 4. A/B Test (Epsilon First) the gold standard for (business) experiments
  5. 5. Exploration/Exploitation experiments cost money
  6. 6. Regret minimizing the cost of your experiments
  7. 7. Greedy Bandit controlled exploration
  8. 8. Thompson Bandit exploit as much as you dare
  9. 9. Contextual Bandits far beyond basic bandit experiments
  10. 10. Start Now maximize experimentation – minimize costs
  11. 11. 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
  12. 12. More Bandits @lukasvermeer The World Needs
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