Choice Overload, Satisficing Behavior, and Price Distribution in a Time Allocation Model

Table 5

The parameters 𝑚 and 𝜎₂ below are adjusted as 𝜎₁ changes so as to keep 𝜇 and 𝜎 constant.

	𝜇	𝜎	ℱ	𝜎1
Green line	700	150	SN(𝑚,𝜎1,𝜎2)	50
				100
Red line				150 (Normal)