The concept of over exploration can negatively affect the efficiency of decision making. Over exploration refers to the tendency to continue seeking out new options or information, even when it would be more beneficial to exploit, or make use of, the best option already found. This can lead to decision paralysis, where the decision-making process is slowed down due to the overwhelming amount of options or information. It can also lead to missed opportunities, as time and resources spent on exploration could have been used to exploit a good enough option.
Can computer science teach us the secrets of life? Perhaps not, but they can shed light on how certa...
View summary