Sequential Decision making : how prior choices affect subsequent valuations /
This paper develops and tests a model of sequential decision making where a first stage of ranking a set of alternatives is followed by a second stage of determining the value of these same alternatives. The model assumes a boundedly rational Bayesian decision maker who is uncertain about his/her un...
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| Format: | Book |
| Language: | English |
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Cambridge, MA :
Massachusetts Institute of Technology, Dept. of Economics,
[2002]
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| Series: | Working paper (Massachusetts Institute of Technology. Department of Economics) ;
no. 02-40 |
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