We propose a model of competitive attention based on two key premises: i) People have limited information processing …

Economists have become increasingly interested in using attention to explain behavioral patterns both on the micro and …-down" model of executive optimization. Others, like salience theory, assume a "bottom-up" influence where attention is driven by … contextual factors. This distinction is fundamental for the economic implications of attention, but so far there is little …

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 …

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 …

Does attention have a causal impact on risky decisions? We address this question in a preregistered experiment in which … causal role of attention on the decision process, we manipulate for how long each outcome is presented before showing the … strongest driver of this effect. Jointly, these results support the notion that attention has a causal impact on risky choice …