Key Facts or Insights from "Algorithms to Live By - The Computer Science of Human Decisions"
- Optimal Stopping: The book introduces the concept of optimal stopping, which is used to determine when to stop searching or gathering data and start making decisions.
- The Explore/Exploit Trade-Off: This is a strategy used to balance the act of trying new things (exploring) and sticking with what works (exploiting).
- Sorting Theory: The book delves into the concept of sorting algorithms and how they can be applied to our daily lives to increase efficiency.
- Scheduling Theory: The authors discuss how scheduling theory can be...