We study a problem of selling a fixed number of goods over a finite and known horizon. After presenting a procedure for computing optimal decision policies and some numerical results …
We introduce and test a behavioral model of consumer product search that extends a baseline normative model of sequential search by incorporating nonnormative influences …
Many everyday decisions require sequential search, according to which available choice options are observed one at a time, with each observation involving some cost to the …
Assume $ k $ candidates need to be selected. The candidates appear over time. Each time one appears, it must be immediately selected or rejected--a decision that is made by a group …
JN Bearden, A Rapoport - Emerging Theory, Methods, and …, 2005 - pubsonline.informs.org
This chapter reviews some of the uses of operations research methods in experimental psychology. We begin by describing some basic methodological issues that arise in the …
JN Bearden, T Connolly - Organizational Behavior and Human Decision …, 2007 - Elsevier
This article describes empirical and theoretical results from two multi-attribute sequential search tasks. In both tasks, the DM sequentially encounters options described by two …
YH Chun - European Journal of Operational Research, 2015 - Elsevier
We deal with the multi-attribute decision problem with sequentially presented decision alternatives. Our decision model is based on the assumption that the decision-maker has a …
M Ibanez, S Czermak, M Sutter - Journal of economic psychology, 2009 - Elsevier
We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers can accept the highest standing bid or ask for another bid at …
We study a class of sequential selection and assignment problems in which a decision maker (DM) must sequentially assign applicants to positions with the objective of minimizing …