Emini trading signal
9 WST was one of the earliest probabilistic choice models that became known to require order-constrained inference: Tversky (1969) attempted to test WST but acknowledged that appropriate order-constrained inference methods were unavailable. Iverson and Falmagne (1985) derived an order-constrained test for WST and showed that Tversky's data yielded little evidence for systematic violations. Regenwetter et al.
(2010) provided a complete order-constrained test (using a similar algorithm as that in QT est ) of WST and found no systematic violations. Returning to the data of our Table 2 in 10D space, HDM yields a perfect fit of WST.