Optimal Search with Learning

The sequential search problem, without the assumption that the searcher knows the underlying distribution, is investigated. Both search with recall and without recall are examined. Sufficient conditions for the existence of optimal stopping rules with the reservation property are provided. Comparative static results with respect to stochastic dominance (appropriately defined) are obtained

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Year of publication:	2005
Authors:	Sharma, Sunil ; Bikhchandani, Sushil
Publisher:	[S.l.] : SSRN
Subject:	Suchtheorie \| Search theory \| Lernprozess \| Learning process \| Lernen \| Learning \| Informationskosten \| Information costs \| Arbeitsuche \| Job search
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Economic Dynamics and Control, Vol. 20, Nos. 1-3, pp. 333-359, January-March 1996 Volltext nicht verfügbar
Classification:	D83 - Search, Learning, Information and Knowledge
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014064215