Speed, Accuracy, and the Optimal Timing of Choices

© 2018 American Economic Association. We model the joint distribution of choice probabilities and decision times in binary decisions as the solution to a problem of optimal sequential sampling, where the agent is uncertain of the utility of each action and pays a constant cost per unit time for gath...

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Detalles Bibliográficos
Autores principales: Fudenberg, Drew, Strack, Philipp, Strzalecki, Tomasz
Otros Autores: Massachusetts Institute of Technology. Department of Economics
Formato: Artículo
Lenguaje:English
Publicado: American Economic Association 2021
Acceso en línea:https://hdl.handle.net/1721.1/134916