The Library
Better heuristics for economic search : experimental and simulation evidence
Tools
Moon, Philip and Martin, Andrew (1990) Better heuristics for economic search : experimental and simulation evidence. Journal of Behavioral Decision Making, 3 (3). pp. 175-193. doi:10.1002/bdm.3960030303 ISSN 0894-3257.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Official URL: http://dx.doi.org/10.1002/bdm.3960030303
Abstract
Heuristic strategies for search for the most economic price of a good (including search cost) are experimentally generated, rigorously tested and their utility compared with previous work. Strategies are identified which significantly out-perform previous rules or are more likely to be used in practice, both with and without detailed knowledge of the underlying price distribution. Some 'expert strategies' are also suggested.
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Warwick Business School > Information Systems & Management Faculty of Social Sciences > Warwick Business School |
||||
Library of Congress Subject Headings (LCSH): | Searching behavior, Prices | ||||
Journal or Publication Title: | Journal of Behavioral Decision Making | ||||
Publisher: | John Wiley & Sons Ltd. | ||||
ISSN: | 0894-3257 | ||||
Official Date: | 1990 | ||||
Dates: |
|
||||
Volume: | 3 | ||||
Number: | 3 | ||||
Page Range: | pp. 175-193 | ||||
DOI: | 10.1002/bdm.3960030303 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access | ||||
Funder: | University of Warwick |
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |