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Using microeconomics to protect competition

King, Stephen P. - In: The Australian economic review 43 (2010) 2, pp. 217-224

Persistent link: https://www.econbiz.de/10003980561

A sparsity-based model of bounded rationality

Gabaix, Xavier - In: The quarterly journal of economics 129 (2014) 4, pp. 1661-1710

Persistent link: https://www.econbiz.de/10010485703

Non utility maximizing behaviour : probabilistic choice in a budget set "box" : properties of expected demand functions

Larsson, Lars-Göran (contributor) - 2008

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L' insertion de la rationalité limitée dans la science économique

Lesourne, Jacques - In: Journal des économistes et des études humaines : JEEH … 14 (2004) 1, pp. 101-109

Persistent link: https://www.econbiz.de/10003065252

A Sparsity-Based Model of Bounded Rationality

Gabaix, Xavier - 2011

the traditional max operator. The agent builds (as economists do) a simplified model of the world which is sparse …

Persistent link: https://www.econbiz.de/10013127754

A Sparsity-Based Model of Bounded Rationality

Gabaix, Xavier - 2012

This paper proposes a model in which the decision maker builds an optimally simplified representation of the world … maximization problems. The agent's choice of a representation of the world features a quadratic proxy for the benefits of thinking … the world. This model yields a tractable procedure, which embeds the traditional rational agent as a particular case, and …

Persistent link: https://www.econbiz.de/10013115127