Models sequential development as ordered Pandora's box with prepaid scope as state variable, proves scope-dependent reservation values exist and are unique, and characterizes optimal search as paid-scope-indexed threshold rule.
The attraction effect and its explanations
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Sequential Search with Planning
Models sequential development as ordered Pandora's box with prepaid scope as state variable, proves scope-dependent reservation values exist and are unique, and characterizes optimal search as paid-scope-indexed threshold rule.