Retrospective Search: Exploration and Ambition on Uncharted Terrain
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We study a model of retrospective search in which an agenta researcher, an online shopper, or a politiciantracks the value of a product. Discoveries beget discoveries and their observations are correlated over time, which we model using a Brownian motion. The agent, a standard exponential discounter
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美国国家经济研究局创建时间：
2021-08-01
