Results 11 to 20 of about 24,713 (170)
Rational Inattention and Migration Decisions [PDF]
SSRN Electronic Journal, 2020 Acquiring information about destinations can be costly for migrants. We model informationfrictions in the rational inattention framework and obtain a closed-form expression fora migration gravity equation that we bring to the data. The model predicts that owsfrom countries with a higher cost of information or stronger priors are less responsive ...
Bertoli, Simone +2 more
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Coordination with rational inattention [PDF]
SSRN Electronic Journal, 2011 We study information acquisition in a coordination game with incomplete information. To capture the idea that players can exibly decide what information to acquire, we do not impose any physical restriction on the set of feasible information structures ...
Jel C, Ming Yang
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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.
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Rational inattention in mice [PDF]
Science Advances, 2021 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, Nikola +3 more
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The Prospect of Adventure Tourism in Iran with Futures Studies Approach [PDF]
Muṭāli̒āt-i Mudīriyyat-i Gardishgarī, 2022 Nowadays, adventure tourism guarantees sustainable tourism precisely because of its proximity to nature and the aim of responsible preservation of natural resources.
nahid abdoli
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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. The theory of rational inattention assumes that agents cannot process all available information, but they can choose which exact pieces of information to attend to ...
Maćkowiak, Bartosz +2 more
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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. Our model advances related models by allowing consumers to update their unrestricted prior beliefs with an informative ...
Aljoscha Janssen, Johannes Kasinger
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Journal of Integrative Agriculture, 2023 The Internet is believed to bring more technological dividends to vulnerable farmers during the green agriculture transformation. However, this is different from the theory of skill-biased technological change, which emphasizes that individuals with ...
Kai LI, Yu JIN, Jie-hong ZHOU
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Rationally inattentive intertemporal choice [PDF]
Nature Communications, 2019 Abstract Discounting of future rewards is traditionally interpreted as evidence for an intrinsic preference in favor of sooner rewards. However, temporal discounting can also arise from internal uncertainty in value representations of future events, if one assumes that noisy mental simulations of the future are rationally combined ...
Samuel J. Gershman, Rahul Bhui
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Research of ethics and deontological aspects in pharmacies
Aktualʹnì Pitannâ Farmacevtičnoï ì Medičnoï Nauki ta Praktiki, 2021 The aim of the study was to study the ethical and deontological aspects related to the professional activities of pharmacists. Materials and methods.
T. P. Zarichna +3 more
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