Tag: Thompson

Jim Thompson House Museum in Bangkok

The story of Jim Thompson is still talked about today over 50 years after his disappearance. He was known as a person who single-handedly reawakened the Thai silk trade in the 1950s. Jim Thompson House Museum in Krung Thep Maha Nakhon (Bangkok) is still open today and celebrates the lif...

When You Should Prefer “Thompson Sampling” Over A/B Tests

Imagine you have two ads to choose from: the red one and the blue one. Of course, you would like to show your users the ad with the highest click rate. What to show the user, the red ad or the blue ad? [Image by Author] But how do you find out which ad has the highest click rate? The mo...