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The Status Quo and Belief Polarization of Inattentive Agents: Theory and Experiment
Main topics of the document: polarization; beliefs updating; rational inattention; status quo; experiment...
Business and management
- 2024 •
- Jimp •
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Jimp - Článek v periodiku v databázi Web of Science
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Electoral competition with rationally inattentive voters
these inefficiencies. Rational inattention can also explain why competing opportunistic candidates...
Economic Theory
- 2021 •
- Jimp •
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Rationally inattentive seller: sales and discrete pricing
there are no adjustment costs, namely, if the seller is rationally inattentive. The model generates are obtained in a model that implements rational inattention without simplifying......
AH - Ekonomie
- 2016 •
- Jx •
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Jx - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)
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Electoral competition with rationally inattentive voters
How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions byndeveloping a model of electoral competition with rationa...
Economic Theory
- 2016 •
- O
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O - Ostatní výsledky
The rational inattention filter
Dynamic rational inattention problems used to be difficult to solve. This paper provides simple, analytical results for dynamic rational inattention problems. We start from the benchmark rational inatt...
Economic Theory
- 2016 •
- O
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O - Ostatní výsledky
An equivalence between rational inattention problems and complete-information conformity games
We consider two types of models: (i) a rational inattention problem (as known from the literature) and (ii) a conformity game, in which fully informed players find it costly to deviate from average behavior. We show that these probl...
Applied Economics, Econometrics
- 2022 •
- O •
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Rational inattention to discrete choices: a new foundation for the multinomial logit model
Individuals must often choose among discrete actions with imperfect information about their payoffs. Before choosing, they have an opportunity to study the payoffs, but doing so is costly. This creates new choices such as the number of and types of q...
AH - Ekonomie
- 2015 •
- Jx •
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Rational inattention: a review
We review the recent literature on rational inattention, identify the main theoretical mechanisms, and explain how it helps us understand a variety of phenomena across fields of economics. The theory of rational inatten...
Economic Theory
- 2023 •
- Jimp •
- Link
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Jimp - Článek v periodiku v databázi Web of Science
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Decision theory and stochastic growth
are equivalent to growth maximization under idiosyncratic risk. Rational inattention problems distribution of shocks that matches the solution to the wishful thinking or rational inattention problem....
Economic Theory
- 2022 •
- O
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O - Ostatní výsledky
Decision theory and stochastic growth
are equivalent to growth maximization under idiosyncratic risk. Rational inattention problems distributions that match the solution to the wishful thinking or rational inattention......
Economic Theory
- 2023 •
- Jimp •
- Link
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Jimp - Článek v periodiku v databázi Web of Science
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