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Synthetically Controlled Bandits

2022-02-14 · Vivek Farias, Ciamac Moallemi, Tianyi Peng, Andrew Zheng

This paper presents a new dynamic approach to experiment design in settings where, due to interference or other concerns, experimental units are coarse. Region-split' experiments on online platforms are one example of such a setting. The cost, or regret, of experimentation is a natural concern here. Our new design, dubbed Synthetically Controlled Thompson Sampling (SCTS), minimizes the regret associated with experimentation at no practically meaningful loss to inferential ability. We provide theoretical guarantees characterizing the near-optimal regret of our approach, and the error rates achieved by the corresponding treatment effect estimator. Experiments on synthetic and real world data highlight the merits of our approach relative to both fixed and switchback' designs common to such experimental settings.

📄 PDF Abstract BibTeX arXiv:2202.07079

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Thompson Sampling

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