Exploration - Exploitation trade-off features a saltatory search behaviour

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Abstract

Searching experiments conducted in different virtual environments over a gender-balanced group of people revealed a gender irrelevant scale-free spread of searching activity on large spatio-temporal scales. We have suggested and solved analytically a simple statistical model of the coherent-noise type describing the exploration-exploitation trade-off in humans ('should I stay' or 'should I go'). The model exhibits a variety of saltatory behaviours, ranging from Lévy flights occurring under uncertainty to Brownian walks performed by a treasure hunter confident of the eventual success. © 2013 The Author(s) Published by the Royal Society. All rights reserved.

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Volchenkov, D., Helbach, J., Tscherepanow, M., & Kuḧnel, S. (2013). Exploration - Exploitation trade-off features a saltatory search behaviour. Journal of the Royal Society Interface, 10(85). https://doi.org/10.1098/rsif.2013.0352

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