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Klugkist and Hoijtink 2007 ) or Deviance Information Criterion (DIC) values ( Myung et al. 2005 ). Alternatively, one could carry out model selection via normalized maximum likelihood (see Davis-Stober and Brown 2011, for an application to order-restricted binomial models similar to those we consider here).

All three of these are under development for a future version of QT est. To this point, we have considered a variety of models that can formally capture the idea that a decision maker has a (possibly unknown) fixed preference youtube trading options 101 makes errors in her individual choices.

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Looking forwards, binary options trading will become more flexible with increased mobile platforms allowing anywhere, any time trading. The range of tradable assets will also grow, with rainfall index binary options already on offer. Whatever the future, it seems unlikely it will involve anything but continued growth.

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