Reward Delay

Reward delay, the time lag between an action and its associated reward, is a critical challenge in various decision-making scenarios, impacting the efficiency of learning algorithms and the optimality of resulting policies. Current research focuses on developing algorithms that effectively handle reward delays within frameworks like multi-armed bandits and reinforcement learning, often incorporating techniques to address issues such as fairness, composite rewards, and partial anonymity. These advancements are crucial for optimizing performance in diverse applications, including online advertising, network routing, and personalized incentive design, where delayed feedback is inherent. The ultimate goal is to create robust and efficient algorithms that achieve near-optimal performance despite the presence of unpredictable or variable reward delays.

Papers