LGMLMay 18, 2015

Simple regret for infinitely many armed bandits

arXiv:1505.04627v193 citations
Originality Highly original
AI Analysis

This work addresses a key challenge in bandit theory for scenarios with infinite arms, offering a novel solution for simple regret minimization, which is incremental but fills a gap in existing methods.

The paper tackles the problem of minimizing simple regret in stochastic bandit settings with infinitely many arms, where traditional cumulative regret algorithms are insufficient, and proves that their proposed algorithm achieves minimax optimality up to a constant or logarithmic factor depending on a distribution parameter β.

We consider a stochastic bandit problem with infinitely many arms. In this setting, the learner has no chance of trying all the arms even once and has to dedicate its limited number of samples only to a certain number of arms. All previous algorithms for this setting were designed for minimizing the cumulative regret of the learner. In this paper, we propose an algorithm aiming at minimizing the simple regret. As in the cumulative regret setting of infinitely many armed bandits, the rate of the simple regret will depend on a parameter $β$ characterizing the distribution of the near-optimal arms. We prove that depending on $β$, our algorithm is minimax optimal either up to a multiplicative constant or up to a $\log(n)$ factor. We also provide extensions to several important cases: when $β$ is unknown, in a natural setting where the near-optimal arms have a small variance, and in the case of unknown time horizon.

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