Chabris, Christopher F.; Laibson, David; Morris, Carrie L. - In: Journal of the European Economic Association 7 (2009) 2-3, pp. 628-637
We study the allocation of time across decision problems. If a decision-maker (1) has noisy estimates of value, (2) improves those estimates the longer she analyzes a choice problem, and (3) allocates time optimally, then the decision-maker should spend less time choosing when the value gap...
