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bandit problem (C9)<br />A learning problem. Repeatedly a choice is made from a fixed number of options in order to maximize the total reward over a particular time period. The one-armed bandit is a familiar slot machine game.<br /><em>Reference</em><br />Berry, D.A. and Fristedt, B. (1985) Bandit Problems: Sequential Allocation of Experiments, London: Chapman and HalL
catallactics (D4)<br />The study of all market phenomena, i.e. of actions conducted on the basis of monetary calculation.<br /> <br /><em>Reference</em><br />von Mises, L. (1949) Human Action, 3rd edn, New Haven, CT: Yale University Press.
<strong>COA</strong> – Cost of Attendance, an estimate of a student' s total education-related expenses for an enrollment period. The COA generally includes tuition, fees, room, board, books, supplies, and personal expenses. May also be referred to as the “budget.”
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