Multi-attribute utility models as cognitive search engines
In optimal stopping problems, decision makers are assumed to search randomly to learn the utility of alternatives; in contrast, in one-shot multi-attribute utility optimization, decision makers are assumed to have perfect knowledge of utilities. We point out that these two contexts represent the bou...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2014-09-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500006781/type/journal_article |