A note on gittins indices for pharmaceutical research

Authors
Wang, You-Gan Gittins, John
Citation
Wang, You-gan et Gittins, John, A note on gittins indices for pharmaceutical research, Advances in applied probability , 23(4), 1991, pp. 975-977
Journal title
Advances in applied probability → ACNP
ISSN journal
00018678
Volume
23
Issue
4
Year of publication
1991
Pages
975 - 977
Database
ACNP
SICI code
Abstract
The Bernoulli/exponential target process is considered. Such processes have been found useful in modelling the search for active compounds in pharmaceutical research. An inequality is presented which improves a result of Gittins (1989), thus providing a better approximation to the Gittins indices which define the optimal search policy.