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Maćkowiak, Bartosz; Wiederholt, Mirko - 2024

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

Subjective information choice processes

Dillenberger, David; Krishna, R. Vijay; Sadowski, Philipp - 2020

Persistent link: https://www.econbiz.de/10012299156

Subjective information choice processes

Dillenberger, David; Krishna, R. Vijay; Sadowski, Philipp - In: Theoretical economics : TE ; an open access journal in … 18 (2023) 2, pp. 529-559

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

Persistent link: https://www.econbiz.de/10014325200

Rational inattention via ignorance equivalence

Müller-Itten, Michèle; Armenter, Roc; Stangebye, … - 2021

Persistent link: https://www.econbiz.de/10012651412

Rational inattention via ignorance equivalence

Armenter, Roc; Müller-Itten, Michèle; Stangebye, … - 2020

Persistent link: https://www.econbiz.de/10012372891

Modeling sequential information acquisition behavior in rational decision making

Tavana, Madjid; Di Caprio, Debora; Santos Arteaga, … - In: Decision sciences : DS 47 (2016) 4, pp. 720-761

Persistent link: https://www.econbiz.de/10011628070

Rational inattention when decisions take time

Hébert, Benjamin; Woodford, Michael - In: Journal of economic theory 208 (2023), pp. 1-27

Persistent link: https://www.econbiz.de/10014390559

Beyond quantified ignorance : rebuilding rationality without the bias bias

Brighton, Henry - 2019

If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …

Persistent link: https://www.econbiz.de/10011990913

Random categorization and bounded rationality

Aguiar, Victor H. - 2016 - This version: August 2016

procedure. At any given trial, the decision maker deliberately randomizes over mental categories and chooses the best item … decision maker picks the default option. We provide the necessary and sufficient conditions that characterize this model in a …

Persistent link: https://www.econbiz.de/10011526886

Experimental evidence on rational inattention

Cheremukhin, Anton; Popova, Anna; Tutino, Antonella - 2011

Persistent link: https://www.econbiz.de/10009425008