Showing 1 - 10 of 11,461
theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …
Persistent link: https://www.econbiz.de/10011990913
Persistent link: https://www.econbiz.de/10012131636
Persistent link: https://www.econbiz.de/10012230403
Persistent link: https://www.econbiz.de/10011781654
Persistent link: https://www.econbiz.de/10009425008
Persistent link: https://www.econbiz.de/10010249045
Persistent link: https://www.econbiz.de/10012622756
Persistent link: https://www.econbiz.de/10012056376
Persistent link: https://www.econbiz.de/10012209153
We show what the rational inattention model predicts about the treatment effect of information provided during a randomized control trial. This is a non-trivial question because the model implies optimal attention choice before, during, and after an information treatment. The predictions of the...
Persistent link: https://www.econbiz.de/10014484232