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IfJ(t+1)<h≤J(t), drawε ih conditional onu ih <min 1≤t′≤t{qd i,r(t′),t′}to determineu d ih, calculatep d i,3,t =Pr(u ih <min 1≤t′≤t{qd i,r(t′),t′}|qd i,r(1),1,q d i,r(2),2,· · ·,q d

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econ.EM 1

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2025 1

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A Ranking Representation of Optimal Sequential Search

econ.EM · 2025-01-13 · unverdicted · novelty 7.0

Under independence and invariance, optimal sequential search is equivalent to a ranking over feasible actions, enabling simpler and unified empirical implementation of these models.

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  • A Ranking Representation of Optimal Sequential Search econ.EM · 2025-01-13 · unverdicted · none · ref 40

    Under independence and invariance, optimal sequential search is equivalent to a ranking over feasible actions, enabling simpler and unified empirical implementation of these models.