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We show what the rational inattention model predicts about the treatment effect of information provided during a randomized control trial. This is a non-trivial question because the model implies optimal attention choice before, during, and after an information treatment. The predictions of the...
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choices by subjects, but no evidence of stable individual preference types across situations. In particular, trolley behavior … predicts no other ends-versus-means choices; which moral principle prevails appears to be context-dependent. In contrast, we …
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