Results 141 to 150 of about 24,713 (170)
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Rationally Inattentive Preferences
SSRN Electronic Journal, 2013A rationally inattentive agent processes information by balancing benefits and costs of attention (Sims [1998, 2003]). Predicting the agent’s behavior therefore requires a measure of her attention costs, but these costs can be dicult to identify as they incorporate hidden factors - such as time, eort and cognitive resources - that are not directly ...
Henrique de Oliveira +3 more
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Persuasion with Rational Inattention
SSRN Electronic Journal, 2018We study a model of Bayesian persuasion in which Receiver has limited information-processing capacity, or attention, and must exert costly effort to process Sender’s signals. Receiver is rationally inattentive (Sims (2003)): attention costs are proportional to the mutual information (expected entropy reduction) between Sender’s signals and Receiver’s ...
Alexander W. Bloedel, Ilya Segal
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Rational Inattention During an RCT
SSRN Electronic JournalWe introduce an information provision experiment into a standard dynamic rational inattention model. We derive analytical results about how the treatment effect varies with characteristics of the environment and the individual. We use these results to discuss findings in the empirical literature on information provision experiments that can be ...
Maćkowiak, Bartosz, Wiederholt, Mirko
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Rational inattention and public signals
Social Choice and Welfare, 2021zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Rationally Inattentive Monetary Policy
SSRN Electronic Journal, 2021Joshua Bernstein, Rupal Kamdar
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Rational inattention in the frequency domain
Journal of Economic Theory, 2020zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Rationally inattentive consumption choices
Review of Economic Dynamics, 2013Abstract This paper analyzes how information-processing limitations affect consumption in a dynamic full-fledged non-linear quadratic Gaussian (LQG) setting. In the model, risk-averse consumers rationally choose the quantity and quality of information to process about their wealth, while constrained by a Shannon channel.
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Bargaining with Rational Inattention
SSRN Electronic Journal, 2017I study a one-sided oers bargaining game in which a fully rational seller is making repeated oers to a rationally inattentive buyer (Sims, 1998). The quality of the good is random and is known to the seller. The buyer needs to pay attention to both the quality of the good and the seller’s oers.
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Route choice, travel time variability, and rational inattention
Transportation Research Part B: Methodological, 2020Jiang, Gege +2 more
exaly
Rational Inattention: A Review
Journal of Economic Literature, 2023Bartosz Maćkowiak, Filip Matejka
exaly