Example
The value function for “working hours” is determined using difference standard sequence in the job selection problem.
Find a sequence of working hours xi i = 1, 2,…, such that the increments in strength of preference from xi to xi+1 are equal for all i.
The zero level of value function and unit stimulus are first determined.
- As ”weekly working hours” ranges from 37.5h to 55h and less working time is preferred to more, set v(55)=0.
- Let the unit step be defined by, v(50)=1.
- Let x1 = 55 and x2 = 50.
Value measurement techniques: Difference standard sequence