arXiv AI By Dhruv Sarkar, Soumyadeep Dutta, Sayak Ray Chowdhury

Price of Fairness in Bandits: A Tight Minimax Characterization

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arXiv:2607. 13402v1 Announce Type: cross Abstract: In bandit problems, standard regret-minimizing algorithms treat exploration as an amortized cost, which can expose early participants to unfair ex-ante losses in settings such as clinical trials.

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