Paper Reading Note | Strategic Experimentation with Exponential Bandits I
This is the reading notes of “Strategic Experimentation with Exponential Bandits” by Godfrey Keller, Sven Rady and Martin Cripps, published in Econometrica, 2025. I think it is a really cool theoretical economic paper, because the math is solid, elegant and inspiring. For more details, please refer to the original paper. The following are notes for the models and and results for reference, if one wants to quicly grasp the intuition....