are information seeking otherwise. Because belief updating depends on the decision problem in which new information is …

I show theoretically that applying the model of Köszegi and Rabin (2006) to a simple purchasing decision where … have a salient market price or no market price outside of the experiment. …

-specific and decisionspecific variation in attention and verify our framework in an eye-tracking experiment on risky choice. We …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret …Perceived urgency and regret are common in many sequential search processes; for example, sellers often pressure buyers … in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret …Perceived urgency and regret are common in many sequential search processes; for example, sellers often pressure buyers … in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities …

The consequences of many economic decisions only materialize in the future. To make informed choices in such decision … forecasts, closely resembles a stylized decision problem under risk. We find that customers' decisions are heavily influenced by …

points. The implications of this model are tested in an experiment in which participants have to make a consumption choice …