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The results are robust and hold under simultaneous search strategy choices as well as for sequential choices.
We conceptualized the decision to acquire WGS information as a series of sequential choices that are resolved separately.
BWS can be seen as partial rankings of attributes or levels based on sequential choices, causing the first response to have an influence on that to the second question.
First, the answers were likely to cluster within subjects because each subject made two sequential choices for ten choice tasks.
Then the inner tree and its cost for the pair 〈 e, d〉 are defined as follows depending on the sequential choices listed below.
The estimation of these two equations as separate discrete models is not appropriate because they are sequential choices that need to be modelled jointly, given the potential correlation between the error terms.
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The literature on sequential choice is primarily concerned, however, with more ambitious questions.
The sequential choice model provided the most comprehensive and accurate prediction of subjects' preferences.
Preference was assessed relative to the daily energy budget rule, the scalar utility theory and the sequential choice model.
Table 5. Naïve Ulysses' decision problem There is no need to labour the point that the naïve approach to sequential choice is aptly named.
The last two stages are common, independent of the simultaneous or sequential choice of coordination of the players in the first-stage(s) of the game.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com