Production System Models of Residential Search Behavior: A Comparison of Behavior in Computer-Simulated and Real-World Environments

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Abstract
Recent research has indicated that production system models of sequential decision-making can be both highly predictive of behavior in computer-simulated environments and related to cognitive knowledge structures. The authors present evidence from a study of housing market search indicating that ‘real-world’ behavior is related to behavior in computer-simulated environments and to the behavior predicted by production system models. Hence the use of computers to infer models of decisionmaking from behavior in computer-simulated environments promises to offer valuable insights into real-world decisionmaking behavior.

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