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Randomly stopped sums: models and psychological applications

Smithson, Michael; Shou, Yiyun

Description

This paper describes an approach to modeling the sums of a continuous random variable over a number of measurement occasions when the number of occasions also is a random variable. A typical example is summing the amounts of time spent attending to pieces of information in an information search task leading to a decision to obtain the total time taken to decide. Although there is a large literature on randomly stopped sums in financial statistics, it is largely absent from psychology. The paper...[Show more]

CollectionsANU Research Publications
Date published: 2014-11-10
Type: Journal article
URI: http://hdl.handle.net/1885/13816
Source: Frontiers in Psychology
DOI: 10.3389/fpsyg.2014.01279

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