Testing the drift-diffusion model

The drift-diffusion model (DDM) is a model of sequential sampling with diffusion signals, where the decision maker accumulates evidence until the process hits either an upper or lower stopping boundary and then stops and chooses the alternative that corresponds to that boundary. In perceptual tasks,...

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Bibliographic Details
Main Authors: Fudenberg, Drew, Newey, Whitney K
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: Proceedings of the National Academy of Sciences 2021
Online Access:https://hdl.handle.net/1721.1/130344