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Beyond quantified ignorance : rebuilding rationality without the bias bias

Brighton, Henry - 2019

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

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

Beliefs about other players : experimental evidence

Weizsäcker, Georg - 2004

Persistent link: https://www.econbiz.de/10003387654

Inattention and belief polarization

Nimark, Kristoffer P.; Sundaresan, Savitar - In: Journal of economic theory 180 (2019), pp. 203-228

Persistent link: https://www.econbiz.de/10012131636

The devil you know : rational inattention to discrete choices when prior information matters

Pellegrino, Bruno - 2023

In the seminal rational inattention model of Matĕjka and McKay (2015), logit demand arises from the discrete choice of agents who are uncertain about choice payoffs and have access to a flexible, costly information acquisition technology (RI-logit). A notable limitation of this powerful...

Persistent link: https://www.econbiz.de/10014247316

Rational inattention during an RCT

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