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The exploration reward (also called exploration bonus) methods convert the exploration-exploitation dilemma into a balance of exploitations. That is, instead of trying to get the agent to balance exploration and exploitation, exploration is simply treated as another form of exploitation, and the agent simply attempts to maximize the sum of ...
The exploitation of natural resources describes using natural resources, often non-renewable or limited, for economic growth [1] or development. [2] Environmental degradation , human insecurity, and social conflict frequently accompany natural resource exploitation.
Exploration refers to search, risk taking, experimentation, and innovation in organizations, whereas exploitation has to do with refinement, efficiency, implementation, and execution. [3] Successful ambidextrous leaders must be able to achieve the appropriate mix of explorative and exploitative activities, unique for each organization, that ...
Exploration is the process of exploring, an activity which has some expectation of discovery.Organised exploration is largely a human activity, but exploratory activity is common to most organisms capable of directed locomotion and the ability to learn, and has been described in, amongst others, social insects foraging behaviour, where feedback from returning individuals affects the activity ...
The other approach is contextual ambidexterity, which uses behavioral and social means to integrate exploitation and exploration at the organizational unit level. [17] [18] Contextual ambidexterity is a balanced type that takes a mid-level position between exploitation and exploration, also known as parallel structures or hybrid strategies.
For an exploration or appraisal well, the target is chosen to confirm the existence of a viable hydrocarbon reservoir or to learn its extent. For an injection well, the target is selected to locate the point of injection in a permeable zone that may support disposing of water or gas and/or pushing hydrocarbons into nearby production wells.
When the giant flightless birds called moa were overexploited to the point of extinction, [5] the giant Haast's eagle that preyed on them also became extinct. [6]The concern about overexploitation, while relatively recent in the annals of modern environmental awareness, traces back to ancient practices embedded in human history.
Exploitation is when these two principles are not met, when the agents are not receiving according to their work or needs. [6] This process of exploitation is a part of the redistribution of labour, occurring during the process of separate agents exchanging their current productive labour for social labour set in goods received. [7]