Results 1 to 10 of about 849,185 (230)
Rational inattention and tonic dopamine. [PDF]
PLoS Computational Biology, 2021 Slow-timescale (tonic) changes in dopamine (DA) contribute to a wide variety of processes in reinforcement learning, interval timing, and other domains.
John G Mikhael +2 more
doaj +4 more sources
Rational inattention in mice. [PDF]
Sci Adv, 2022 Behavior exhibited by humans and other organisms is generally inconsistent and biased and, thus, is often labeled irrational. However, the origins of this seemingly suboptimal behavior remain elusive. We developed a behavioral task and normative framework to reveal how organisms should allocate their limited processing resources such that sensory ...
Grujic N, Brus J, Burdakov D, Polania R.
europepmc +7 more sources
Constrained versus Unconstrained Rational Inattention [PDF]
Games, 2021 The rational inattention literature is split between two versions of the model: in one, mutual information of states and signals are bounded by a hard constraint, while, in the other, it appears as an additive term in the decision maker’s utility ...
Yaron Azrieli
doaj +3 more sources
A neural basis of rational inattention models: consistency of cognitive cost with the mutual information criterion. [PDF]
Neuroreport, 2022 The rational inattention model has recently attracted much attention as a promising candidate to model bounded rationality in the research field of decision-making and game theory. However, in contrast to this energetic promotion of the theoretical works,
Wu Q, Nakazato S, Yang B, Shimokawa T.
europepmc +2 more sources
Rational Inattention: A Review
Journal of Economic Literature, 2021 We review the recent literature on rational inattention, identify the main theoretical mechanisms, and explain how it helps us understand a variety of phenomena across fields of economics.
Bartosz Mackowiak +2 more
semanticscholar +4 more sources
Obfuscation and Rational Inattention*
The Journal of Industrial Economics, 2023 We study the behavior of duopolistic firms that can obfuscate their prices before competing on price. Obfuscation affects the rational inattentive consumers' optimal information strategy, which determines the probabilistic demand.
Aljoscha Janssen, Johannes Kasinger
semanticscholar +3 more sources
Multivariate Rational Inattention
Econometrica, 2022 We study optimal control problems in the multivariate linear‐quadratic‐Gaussian framework under rational inattention. We propose a three‐step procedure to solve this problem using semidefinite programming and derive the optimal signal structure without ...
Jianjun Miao, Jieran Wu, Eric R. Young
semanticscholar +2 more sources
Implications of rational inattention [PDF]
Journal of Monetary Economics, 2003 Abstract A constraint that actions can depend on observations only through a communication channel with finite Shannon capacity is shown to be able to play a role very similar to that of a signal extraction problem or an adjustment cost in standard control problems.
C. Sims
semanticscholar +2 more sources
Journal of Transport and Land UseThe rational inattention theory aims to evaluate instances in which a decision is made in an information-rich environment where consumers cannot process all information due to limited cognitive capacity.
Saeed Shakib, Khandker Nurul Habib
doaj +2 more sources
Timescales of Rational Inattention.
Developmental ScienceDeutsche Forschungsgemeinschaft https://doi.org/10.13039 ...
N. Mani
semanticscholar +4 more sources