| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10720 |
| DP10720 Rational Inattention Dynamics: Inertia and Delay in Decision-Making | |
| jakub steiner; Filip Matějka; Colin Stewart | |
| 发表日期 | 2015-07-19 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We solve a general class of dynamic rational-inattention problems in which an agent repeatedly acquires costly information about an evolving state and selects actions. The solution resembles the choice rule in a dynamic logit model, but it is biased towards an optimal default rule that depends only on the history of actions, not on the realized state. We apply the general solution to the study of (i) the status quo bias; (ii) inertia in actions leading to lagged adjustments to shocks; and (iii) the tradeoff between accuracy and delay in decision-making. |
| 主题 | Industrial Organization ; Macroeconomics and Growth |
| 关键词 | Rational inattention Information acquisition Dynamic logit Adjustment delay |
| URL | https://cepr.org/publications/dp10720 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539551 |
| 推荐引用方式 GB/T 7714 | jakub steiner,Filip Matějka,Colin Stewart. DP10720 Rational Inattention Dynamics: Inertia and Delay in Decision-Making. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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