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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13300 |
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 |
URL | https://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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