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Quantum walks (QWs) have a property that classical random walks (RWs) do not possess—the coexistence of linear spreading and localization—and this property is utilized to implement various kinds of applications. This paper proposes RW- and QW-based algorithms for multi-armed-bandit (MAB) problems. We show that, under some settings, the QW-based model realizes higher performance than the corresponding RW-based one by associating the two operations that make MAB problems difficult—exploration and exploitation—with these two behaviors of QWs.