bonus contracts, which builds on a model of attentional focusing. Our main result identifies market conditions under which …

bonus contracts, which builds on a model of attentional focusing. Our main result identifies market conditions under which …

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

Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding … feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory … focusing theory. …

visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …

In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents … attention to them if they expect to receive a bequest from them, which constitutes strong support for the selfish bequest motive …

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 …

Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We … summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain …, including attention-based utility, the recent proliferation of attentional externalities introduced by digital technology, the …