Scott H Young Podcast

(Ep 39) - Explore or exploit: The hidden decision that guides your life

Oct 4, 2019
Guest
Scott H Young
Delve into the dilemma of explore or exploit decisions, balancing new opportunities with familiar paths. Explore strategies like randomness and time constraints, noting age's influence on decision-making. Emphasize the importance of navigating local maxima traps and prioritizing long-term perspectives over immediate gains for optimal decision-making.
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Episode notes
1
Introduction
00:00 • 2min
2
Navigating the Explore-Exploit Dilemma in Decision-Making
02:24 • 3min
3
Exploring New Opportunities versus Exploiting Current Rewards
04:57 • 2min
4
Balancing Exploration and Exploitation in Decision-Making
07:27 • 3min
5
Balancing Financial Security, Relationships, and Spaciousness for Optimal Decision Making
10:02 • 2min