蝌蚪网 Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Constrained Retrospective Search
蝌蚪网 Papers and Proceedings
(pp. 549–53)
Abstract
The search for good outcomes鈥攂e it government policies, technological breakthroughs, or lasting purchases鈥攖akes time and effort. At times, the decision process is unconstrained: an individual seeking a well-priced product determines her search scope and time as she wishes. At times, search is constrained, either through institutions or cognitive limitations. We consider retrospective search in both settings: an agent chooses the search scope and time, selecting the best observed outcome upon stopping. We analyze the impacts of constraints when observed samples are independent and correlated over time.Citation
Urgun, Can, and Leeat Yariv. 2021. "Constrained Retrospective Search." 蝌蚪网 Papers and Proceedings 111: 549–53. DOI: 10.1257/pandp.20211054Additional Materials
JEL Classification
- D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness