| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2858
|
| DP2858 On Adjusting the HP-Filter for the Frequency of Observations |
| Morten Ravn; Harald Uhlig
|
| 发表日期 | 2001-06-18
|
| 出版年 | 2001
|
| 语种 | 英语
|
| 摘要 | As the costs of generating and transmitting information fall, the main bottlenecks in communication networks are becoming the human receivers, who are overloaded with information. For networks of targeted communication, this paper discusses the meaning of information overload, provides a theoretical treatment of its causes, and examines mechanisms for allocating the attention of receivers. Mechanisms for allocating attention include surcharges on communication and auctions. These mechanisms increase the cost of sending messages and shift the task of screening messages from the receivers to the senders. This shift may benefit both the receivers and the senders because the senders know the contents of the messages whereas the receivers do not. We show that, if the communication cost is low, then an increase in the communication cost benefits most (but not all) receivers. The increase benefits all the senders if either the extra cost is a tax that is redistributed to them as lump-sum transfers or if the senders' information about the receivers is sufficiently accurate. |
| 主题 | Industrial Organization
|
| 关键词 | Information overload
Limited attention
|
| URL | https://cepr.org/publications/dp2858
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531900
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推荐引用方式
GB/T 7714 |
Morten Ravn,Harald Uhlig. DP2858 On Adjusting the HP-Filter for the Frequency of Observations. 2001.
|
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