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Impaired decision behavior of schizophrenia patients has been repeatedly observed. We investigated the aspects of the …, using the process tracing paradigm Mouselab, which allows for an in-depth exploration of various decision-making processes … ambiguous nature of the task, unjustified confidence. Both groups mainly used weighted additive decision strategies for …
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We provide an information-based theory of matching efficiency fluctuations. Rationally inattentive firms have limited capacity to process information and cannot perfectly identify suitable applicants. During recessions, higher losses from hiring unsuitable workers cause firms to be more...
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, social learning, and financial decision-making. Individuals in our model are permitted to appreciate and use the information …
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How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...
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