We study a game of strategic experimentation with two‐armed bandits where the risky arm
distributes lump‐sum payoffs according to a Poisson process. Its intensity is either high or …

I study a dynamic relationship where a principal delegates experimentation to an agent.
Experimentation is modeled as a one-armed bandit that yields successes following a …

The purpose of this paper is to survey recent developments in a literature that combines
ideas from experimentation, learning, and strategic interactions. Because this literature is …

We study a continuous‐time game of strategic experimentation in which the players try to
assess the failure rate of some new equipment or technology. Breakdowns occur at the jump …

Currently available medication for treating many chronic diseases is often effective only for a
subgroup of patients, and biomarkers accurately assessing whether an individual belongs to …

How do discount rates affect agents' decisions and valuations? This paper provides a
general method to analyze this question, allowing stochastic and managed cash flows …

This article considers a class of experimentation games with Lévy bandits encompassing
those of Bolton and Harris (1999, Econometrica, 67, 349–374) and Keller, Rady, and Cripps …

This paper analyzes a two-player game of strategic experimentation with three-armed
exponential bandits in continuous time. Players play bandits of identical types, with one arm …

Because of sorting, more skilled workers are more productive in higher type firms. They also
learn at different rates about their productivity and therefore expect different wage paths …

This paper studies device-to-device (D2D) communication underlaying cellular
infrastructure, where each device pair is provided with two transmission modes: indirect and …