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Persistent link: https://www.econbiz.de/10012618192
decision-making, particularly in healthcare context, it addresses a model that identifies the roles of attention …
Persistent link: https://www.econbiz.de/10012043560
Errors in interaction with digital devices are typically blamed on human factors such as poor attention. However, the … influence of attention upon the quality of human-device interaction is commonly overlooked in product design. Developers rely on … experiences, in terms of “attention” and appreciate that fundamental conceptual and experiential differences may exist? The …
Persistent link: https://www.econbiz.de/10012046574
This article describes how the number of fatal traffic accidents has been decreasing in Japan because of recent safety technologies of vehicles, such as stiff cabins, antilock braking systems, and seat belts. Automated vehicles and advanced driver assistance systems can advance the trend....
Persistent link: https://www.econbiz.de/10012048057
is an attention process prior to the extensively investigated intensive evaluation process; potential adopters may make … adoption decisions (adopt, do not adopt) at the end of the attention process or defer making decisions until after an intensive … strength, adoption threshold and rejection threshold) during the less examined attention process are also discussed. This …
Persistent link: https://www.econbiz.de/10012048955
We propose a novel method to model an agent who is imperfectly attentive in the sense that she may consider only some of the alternatives available. Our methodology departs from the standard 'revealed preference' one: we make plausible assumptions on the values to the imperfectly attentive agent...
Persistent link: https://www.econbiz.de/10011381005
We consider two-stage shortlisting procedures in which the menu of alternatives is first pruned by some process or criterion and then a binary relation is maximized. Given a particular first-stage process, our main result supplies a necessary and sufficient condition for choice data to be...
Persistent link: https://www.econbiz.de/10010368178
Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory prescribes also future-biased behavior if an option's...
Persistent link: https://www.econbiz.de/10011588687
We study two-stage choice procedures in which the decision maker first preselects the alternatives whose values according to a criterion pass a menu-dependent threshold, and then maximizes a second criterion to narrow the selection further. This framework overlaps with several existing models...
Persistent link: https://www.econbiz.de/10011599502
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We … present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within … her attention radius, i.e., goods that are sufficiently similar to her preferred version of the good. Limited attention …
Persistent link: https://www.econbiz.de/10012099133