In many markets supply contracts include a series of small, regular payments made by consumers and a single, large … bonus that consumers receive at some point during the contractual period. But, if for instance its production costs exceed … its value to consumers, such a bonus creates inefficiencies. We offer a novel explanation for the frequent occurrence of …

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 …

In many markets supply contracts include a series of small, regular payments made by consumers and a single, large … bonus that consumers receive at some point during the contractual period. But, if for instance its production costs exceed … its value to consumers, such a bonus creates inefficiencies. We offer a novel explanation for the frequent occurrence of …

Purpose: Attention resource is scarce. Organizing community activities in online forums faces the challenge of … attracting users' limited attention. Understanding how users of online forums allocate, maintain, and change their attentional … focus and what features of online forms influence their attention behaviors is critical for effective information design …

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 …

advocates paying more attention to problem- and solution-orientated methods of instruction, rather than focusing on what the …

whether on is seeking to try novel products or make a novel impression in competing for status. Boundedly rational consumers …