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Rational Inattention During an RCT

SSRN Electronic Journal
We 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 ...
Bartosz Mackowiak, Mirko Wiederholt
semanticscholar   +3 more sources

Rational inattention in the frequency domain

Journal of Economic Theory, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Kyle Jurado
semanticscholar   +3 more sources

Robust Predictions in Games with Rational Inattention

ACM Conference on Economics and Computation, 2023
We derive robust predictions in games involving flexible information acquisition, also known as rational inattention (Sims 2003). These predictions remain accurate regardless of the exact specification of players' learning abilities.
Tommaso Denti, Doron Ravid
semanticscholar   +1 more source

Optimal Decision Making with Rational Inattention Using Noisy Data

Annual Conference on Information Sciences and Systems, 2023
Rational inattention of decision makers to costly data and information and resources affects their optimal decision making strategies. The theory of rational inattention has found applications in several areas such as economics, finance and psychology ...
Yuan Zhao, A. Abdi, M. Dean, A. Abdi
semanticscholar   +1 more source

The Rational Inattention Filter

SSRN Electronic Journal, 2017
Dynamic rational inattention problems used to be difficult to solve. This paper provides simple, analytical results for dynamic rational inattention problems. We start from the benchmark rational inattention problem. An agent tracks a variable of interest that follows a Gaussian process. The agent chooses how to pay attention to this variable.
Maćkowiak, Bartosz   +2 more
openaire   +2 more sources

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