This paper proposes a simple approach to recover cognitive attention costs in information processing from elicited … behave as if facing positive attention costs. The approach is validated using choice-process data which confirms that …

-enforcing. -- efficiency ; communication ; coordination ; honesty ; evolutionary stability …

If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …

This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …

We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an …, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility … pattern that is also consistent with this theory and entails substantial allocative consequences. …

We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an … allocative consequences. The findings are consistent with our theory of responsibility aversion. …