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Parameter budget

A parameter budget refers to the idea of constraining the number of learnable parameters for a machine learning model. Some types of parameters are more useful for improving a model than others, thus they should be prioritized in a model with a restricted parameter budget.

In neural networks, deeper networks seem to work better when the parameter budget is constrained.

A related idea is the computational budget, but the budget for overall computation is not strictly tied to the number of parameters in a model.