71 citations · 74 across the 2 of their papers we have counts for
2 papers
econ.EM2019★ 71 cited
Testing the Drift-Diffusion Model
Drew Fudenberg, Whitney K. Newey, Philipp Strack +1
The drift diffusion model (DDM) is a model of sequential sampling with diffusion (Brownian) signals, where the decision maker accumulates evidence until the process hits a stopping…
q-bio.NC2015★ 3 cited
Stochastic Choice and Optimal Sequential Sampling
Drew Fudenberg, Philipp Strack, Tomasz Strzalecki
We model the joint distribution of choice probabilities and decision times in binary choice tasks as the solution to a problem of optimal sequential sampling, where the agent is un…