Arbeitspapier
Optimal search from multiple distributions with infinite horizon
With infinite horizon, optimal rules for sequential search from a known distribution feature a constant reservation value that is independent of whether recall of past options is possible. We extend this result to the the case when there are multiple distributions to choose from: it is optimal to sample from the same distribution in every period and to continue searching until a constant reservation value is reached.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 262
- Klassifikation
-
Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
Optimal Search
Search Intensity
Infinite Horizon
Recall
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Benkert, Jean-Michel
Letina, Igor
Nöldeke, Georg
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Department of Economics
- (wo)
-
Zurich
- (wann)
-
2017
- DOI
-
doi:10.5167/uzh-139697
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Benkert, Jean-Michel
- Letina, Igor
- Nöldeke, Georg
- University of Zurich, Department of Economics
Entstanden
- 2017
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