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Exploratory exploitation and exploitative exploration: The phenomenology of play and the computational dynamics of search

Published online by Cambridge University Press:  21 May 2024

Mihnea Moldoveanu*
Affiliation:
Desautels Centre for Integrative Thinking, Rotman School of Management, University of Toronto, Toronto, ON, Canada mihnea.moldoveanu@rotman.utoronto.ca
*
*Corresponding author.

Abstract

I argue for a more complicated but nonetheless computationally feasible and algorithmically intelligible interplay between exploration and exploitation and for admitting into our conceptual toolkit regimes of exploitative exploration and exploratory exploitation that can enhance the novelty and usefulness of the results of either problemistic or serendipitous search.

Information

Type
Open Peer Commentary
Copyright
Copyright © The Author(s), 2024. Published by Cambridge University Press