Learning while searching for the best alternative.
This paper delivers the solution to an optimal search problem where the searcher faces more than one search alternative and is learning about the attractiveness of the respective alternatives during the search process. The optimal sampling strategy is characterized by simple reservation prices that...
| Publicado en: | Journal of Economic Theory Vol. 101; no. 1; pp. 252 - 281 |
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| Formato: | Artículo |
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Academic Press Inc.
November 2001
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| Acceso en línea: | Ver este registro en EBSCOhost |