Summary of Minimax-optimal Trust-aware Multi-armed Bandits, by Changxiao Cai et al.
Minimax-optimal trust-aware multi-armed bandits
by Changxiao Cai, Jiacheng Zhang
First submitted to arxiv on: 4 Oct 2024
Categories
- Main: Machine Learning (stat.ML)
- Secondary: Machine Learning (cs.LG); Statistics Theory (math.ST); Methodology (stat.ME)
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Summary difficulty | Written by | Summary |
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High | Paper authors | High Difficulty Summary Read the original abstract here |
Medium | GrooveSquid.com (original content) | Medium Difficulty Summary The paper addresses the gap between multi-armed bandit (MAB) algorithms’ theoretical performance and real-world applications, where humans may not follow the recommended policy due to lack of trust. The authors integrate a dynamic trust model into the standard MAB framework, considering that the implemented policy differs from the recommended one depending on human trust, which evolves with the quality of recommendations. They establish minimax regret bounds in the presence of trust issues and demonstrate the suboptimality of vanilla MAB algorithms like UCB. To overcome this limitation, they propose a novel two-stage trust-aware procedure that achieves near-optimal statistical guarantees. The authors conduct a simulation study to illustrate the benefits of their proposed algorithm. |
Low | GrooveSquid.com (original content) | Low Difficulty Summary MAB algorithms are used in decision-making situations where you need to choose between options. However, people might not follow these recommendations because they don’t trust the system. This paper looks at this problem by adding a “trust” part to the MAB framework. It says that what people actually do might be different from what’s recommended, and that depends on how much they trust the system. The researchers show that current algorithms aren’t good enough when there’s a lack of trust, and they propose a new way to make decisions that takes this into account. |