de Oliveira, Henrique; Denti, Tommaso; Mihm, Maximilian; … - In: Theoretical Economics 12 (2017) 2, pp. 621-654
We show how information acquisition costs can be identified using observable choice data. Identifying information costs … from behavior is especially relevant when these costs depend on factors-such as time, effort, and cognitive resources … and sufficient to identify information costs. We also provide an axiomatic characterization of the induced rationally …