Discounting by Probabilistic Waiting
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DOI: 10.1002/bdm.1917
Abstract: In everyday life, many probabilistic situations may be characterized as probabilistic waiting. A gambler, for example, bets repeatedly at the racetrack, the casino, or the card table. The gambler may not win on the first… read more here.
Keywords: situations involving; discounting probabilistic; situation; probabilistic waiting ... See more keywords