We explore the implications of male preference stopping rules for a stable population, and more generally the aggregate implications of higher male/female birth ratios. We begin by specifying nine alternative family stopping rules, derive their probability functions, and simulate the long-run...

We explore the implications of male preference stopping rules for a stable population, and more generally the aggregate implications of higher male/female birth ratios. We begin by specifying nine alternative family stopping rules, derive their probability functions, and simulate the long-run...

This paper considers the problem of selling an asset on the open market. The seller receives a random sequence of price offers, which may arrive either periodically or randomly over time. After each offer is received, the seller must decide whether or not to sell, weighing the possibility of...

Hierarchical Bayesian methods offer a principled and comprehensive way to relate psychological models to data. Here we use them to model the patterns of information search, stopping and deciding in a simulated binary comparison judgment task. The simulation involves 20 subjects making 100 forced...

Most metaheuristics lack a termination condition based on reasonable premises and guaranteeing the quality of the solution provided by the algorithm. We propose a methodological frame that distinguishes the concepts of properties of the final incumbent solution, rules and termination conditions....