| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19876 |
| 来源ID | Working Paper 19876 |
| Revealed Preference, Rational Inattention, and Costly Information Acquisition | |
| Andrew Caplin; Mark Dean | |
| 发表日期 | 2014-01-30 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We develop a revealed preference test for optimal acquisition of costly information. The test encompasses models of rational inattention, sequential signal processing, and search. We provide limits on the extent to which attention costs can be recovered from choice data. We experimentally elicit state dependent stochastic choice data of the form the tests require. In simple cases, tests confirm that subjects adjust their attention in response to incentives as the theory dictates. |
| 主题 | Microeconomics ; Economics of Information |
| URL | https://www.nber.org/papers/w19876 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577549 |
| 推荐引用方式 GB/T 7714 | Andrew Caplin,Mark Dean. Revealed Preference, Rational Inattention, and Costly Information Acquisition. 2014. |
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