Understanding managers' trade-offs between exploration and exploitation
Year of publication: |
2022
|
---|---|
Authors: | Ferecatu, Alina ; De Bruyn, Arnaud |
Published in: |
Marketing science. - Baltimore, Md. : INFORMS, ISSN 1526-548X, ZDB-ID 2023536-7. - Vol. 41.2022, 1, p. 139-165
|
Subject: | behavioral economics | belief updating | exploration/exploitation trade-offs | managerial decision making | multiarmed bandits | satisficing | Verhaltensökonomik | Behavioral economics | Entscheidung | Decision | Entscheidungstheorie | Decision theory | Führungskräfte | Managers | Begrenzte Rationalität | Bounded rationality | Management |
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