Exploration and exploitation during information search and experimential choice

Before making a choice we often search and explore the options available. For example, we try clothes on before selecting the one to buy and we search for career options before deciding a career to pursue. Although the exploration process, where one is free to sample available options is pervasive,...

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Bibliographic Details
Main Authors: Cleotilde Gonzalez, Varun Dutt
Format: Article
Language:English
Published: University Library Heidelberg 2016-07-01
Series:Journal of Dynamic Decision Making
Subjects:
Online Access:https://journals.ub.uni-heidelberg.de/index.php/jddm/article/view/29308