Basically pick-2 allows you to make a mixture of a totally random and optimal choice in cases where you have imperfect information that is much more resilient to the staleness of data than either a random choice or the globally optimum choice.
Basically pick-2 allows you to make a mixture of a totally random and optimal choice in cases where you have imperfect information that is much more resilient to the staleness of data than either a random choice or the globally optimum choice.