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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16364 |
DP16364 On the Optimal Scheduling of Attention | |
Kfir Eliaz; Daniel Fershtman; Alexander Frug | |
发表日期 | 2021-07-15 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We consider a decision-maker sequentially choosing which task to attend to when payoffs depend on both the chosen and unchosen tasks. We show that when tasks are substitutes (complements) such that the flow payoffs are a sum (product) of the tasks’ outputs, the optimal policy is an index policy, generalizing the independence of irrelevant alternatives (IIA) property known in the classic multi-armed bandit problem. We illustrate the usefulness of our model through several applications, including repeated bargaining, dynamic occupational choice, on-the-job training, R\&D, and dynamic supervision. |
主题 | Industrial Organization |
关键词 | Allocation of attention Scheduling Time management Multitasking Task juggling Multi-armed bandits |
URL | https://cepr.org/publications/dp16364 |
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/545326 |
推荐引用方式 GB/T 7714 | Kfir Eliaz,Daniel Fershtman,Alexander Frug. DP16364 On the Optimal Scheduling of Attention. 2021. |
条目包含的文件 | 条目无相关文件。 |
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