TY  - JOUR
PY  - 2008//
TI  - Future‐biased search: the quest for the ideal
JO  - Journal of behavioral decision making
A1  - Shu, Suzanne B.
SP  - 352
EP  - 377
VL  - 21
IS  - 4
N2  - Decision-makers with ideal candidates already in mind often extend search beyond optimal endpoints when searching for the best option among a sequential list of alternatives. Extended search is investigated here using three laboratory experiments; individuals in these tasks exhibit future-bias, delaying choice beyond normative benchmarks. Searchers' behavior is consistent with setting high thresholds based on a focal ideal outcome without full attention to its probability or the value of second-best alternatives; the behavior is partially debiased by manipulating which outcomes are in the searchers' focal set. Documenting future-bias in sequential search tasks offers new insights for understanding self-control and intertemporal choice by providing a situation in which thresholds may be set too high and myopic behavior does not prevail. Copyright © 2008 John Wiley & Sons, Ltd.<p /> 
LA  - 
SN  - 0894-3257
UR  - http://dx.doi.org/10.1002/bdm.593
ID  - ref1
ER  -