We develop and test a simple model of limited attention in intertemporal choice. The model posits that individuals …

We examine the allocation of scarce attention in team production. Each team member is in charge of a specialized task … attention to each other, but attention is in limited supply. We show that when attention is scarce, organizational focus and … attention is evenly allocated to a select number of "leaders." The organization then excels in a small number of focal tasks at …

simulation to provide substantial stabilization for the exchange rate while retaining considerable flexibility and robustness in …

-stage game with uncertainty it is demonstrated that location is influenced by both flexibility and strategic concerns. We show …

Annex 1 countries). Less attention has been devoted to "when" flexibility, i.e. to the benefits of allowing emission permit …Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of "where" flexibility (e.g. by …