G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13300
DP13300 Habits as Adaptations: An Experimental Study
Brian Rogers; jakub steiner
发表日期2018-11-06
出版年2018
语种英语
摘要Psychologists emphasize two aspects of habit formation: (i) habits arise when the history of a decision process correlates with optimal continuation actions, and (ii) habits alleviate cognition costs. We ask whether serial correlation of optimal actions alone induces habits or if, instead, habits form as optimal adaptations. We compare lab treatments that differ in the information provided to subjects, holding fixed the serial correlation of optimal actions. We find that past actions affect behavior only in the treatment in which this habit is useful. The result suggests that caution is warranted when modeling habits via a fixed utility over action sequences.
主题Industrial Organization
关键词Habit formation Rational inattention
URLhttps://cepr.org/publications/dp13300
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/542112
推荐引用方式
GB/T 7714
Brian Rogers,jakub steiner. DP13300 Habits as Adaptations: An Experimental Study. 2018.
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