The multi-armed bandit problem models an agent that simultaneously attempts to acquire new knowledge (exploration) and optimize his decisions based on existing knowledge (exploitation). The agent attempts to balance these competing tasks in order to maximize his total value over the period of time considered. There are many practical applications of the bandit model, such as clinical trials, adaptive routing or portfolio design. Over the last decade there has been an increased interest in developing bandit algorithms for specific problems in information, such as diverse document ranking, news recommendation or ranker evaluation. The aim of this tutorial is to provide an overview of the various applications of bandit algorithms in information retrieval as well as issues related to their practical deployment and performance in real-life systems/applications.
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Dorota Głowacka (2017) studied this question.
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