Putting bandits into context (pre-print)

A pre-print of our contextual multi-armed bandit paper is now available on the biorxiv here. We model participants’ behavior in contextual multi-armed bandit tasks, that is tasks that require both function learning and decision making, by using a combination of Gaussian process regression and a diverse set of acquisition functions. We find that participants’ learning is universal but very local and that they seem to directly trade-off between rewards and uncertainty.

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