Essays about: "Exploitation vs Exploration"

Found 5 essays containing the words Exploitation vs Exploration.

  1. 1. Exploration, Exploitation and Ambidexterity in the R&D of Pharmaceutical Companies

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Tianze Li; Alaa Mounzer; [2021]
    Keywords : Pharmaceutical R D; Productivity; Ambidexterity; LOC; MSC.; Business and Economics;

    Abstract : Purpose: The purpose of this thesis is to find out what pharmaceutical companies are doing in exploitation and exploration to improve R&D productivity. This research will also investigate the implications of management and control theories in combining exploration and exploitation in the context of pharmaceutical R&D. READ MORE

  3. 2. Regret Minimization in the Gain Estimation Problem

    University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

    Author : Mahan Tourkaman; [2019]
    Keywords : Exploration vs exploitation; gain estimation; multi-armed bandit; regret minimization; system identification.;

    Abstract : A novel approach to the gain estimation problem,using a multi-armed bandit formulation, is studied. The gain estimation problem deals with the problem of estimating the largest L2-gain that signal of bounded norm experiences when passing through a linear and time-invariant system. READ MORE

  4. 3. A balancing act? - A qualitative study examining attitudes and beliefs towards the concept of organizational ambidexterity

    University essay from Handelshögskolan i Stockholm/Institutionen för företagande och ledning

    Author : Adam Jakobson; [2011]
    Keywords : Organizational ambidexterity; Exploitation vs Exploration; Adapt vs Align; Firm performance; Qualitative study;

    Abstract : For firms to be successful they need to be both aligned and efficient in their management of the today's business and at the very same time adaptive to changes in their environment. The trade-off is apparent and has lately seen a great increase in interest as the research field of organizational ambidexterity is starting to take shape. READ MORE

  5. 4. Achieving Organizational Ambidexterity : Understanding and explaining ambidextrous organizations

    University essay from Institutionen för ekonomisk och industriell utveckling

    Author : Sara Mirzataghi Chaharmahali; Seyed Amir Siadat; [2010]
    Keywords : Organizational Ambidexterity; Exploration Exploitation; Organizational Paradoxes; Dynamic Capability; Market Dynamism; Organizational Change;

    Abstract : Background: Responding to fast technological and environmental changes brings about challenges and paradoxes for companies that should be resolved in order to survive long-term and to achieve a sustainable competitive advantage. Ambidexterity is considered a solution to organizational paradoxes. READ MORE

  6. 5. Stochastic Optimization in Dynamic Environments : with applications in e-commerce

    University essay from Matematiska institutionen

    Author : Spencer Bastani; Olov Andersson; [2007]
    Keywords : global optimization; function models; e-commerce; banners; MDP; exploration vs exploitation;

    Abstract : In this thesis we address the problem of how to construct an optimal algorithm for displaying banners (i.e advertisements shown on web sites). The optimization is based on the revenue each banner generates, with the aim of selecting those banners which maximize future total revenue. READ MORE