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Don’t Waste Time! Using Response Time to Improve the Precision of HB Utilities

Methodological
About this presentation

Recent studies suggest that we can improve the precision of HB utility estimates by relating features of the choice task to the response time using Gaussian Process Regression. We show how this methodology performs under a variety of conditions of interest to practitioners. We also compare Gaussian Process models with linear models. We conclude with a discussion on the benefits and drawbacks of modeling response time alongside HB utility estimation and provide recommendations for practitioners.

Trevor Olsen
Numerious
Megan Peitz
Numerious
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