Under independence and invariance, optimal sequential search is equivalent to a ranking over feasible actions, enabling simpler and unified empirical implementation of these models.
It corresponds to the value of discovering more alternatives through the route observed at the end of Segment t, orr(t)
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A Ranking Representation of Optimal Sequential Search
Under independence and invariance, optimal sequential search is equivalent to a ranking over feasible actions, enabling simpler and unified empirical implementation of these models.