a decision maker can obtain, pay attention to, or absorb, via a Markov Decision Process for Information Choice (MIC). An … MIC is a subjective decision process that specifies what type of information about the payoff-relevant state is feasible …

information a decision maker can acquire, pay attention to, or absorb via an information choice process (ICP). An ICP specifies …

the uncertainty in their decision environment in order to reconcile this trade-off. In this paper, we investigate whether … online experiment. We use a modified trust-game in which we introduce uncertainty about the second movers' beliefs about …

rationality ; decision making ; laboratory experiment. … rational decision maker who suffers from information overload, faces a two-stage decision process, and is choosing from a set … of unknown goods will find it optimal at some point to become variety averse. To test this hypothesis, an experiment is …