Search and active learning with correlated information: empirical evidence from mid-Atlantic clam fishermen

DOI10.1016/J.JEDC.2007.07.003zbMATH Open1181.91119OpenAlexW3023222061MaRDI QIDQ844692FDOQ844692

Authors: Philippe Marcoul, Quinn Weninger 

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://www2.econ.iastate.edu/papers/p5141-2009-01-01.pdf

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zbMATH Keywords

searchactive learningcorrelated informationmid-Atlantic clam fishermen

Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Rationality and learning in game theory (91A26)

Cites Work

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• Measuring Expectations
• Uncertainty and Learning in Pharmaceutical Demand
• Optimal spatial management of renewable resources: matching policy scope to ecosystem scale
• An experimental analysis of the bandit problem
• Sequential Choice Under Ambiguity: Intuitive Solutions to the Armed-Bandit Problem
• The value of information: The case of signal-dependent opportunity sets
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• Learning while searching for the best alternative

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