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Attention Management
DOI:10.1257/aeri.20190165.png)
摘要
En 中文
Attention costs can cause some information to be ignored and decisions to be imperfect. Can we improve the material welfare of a rationally inattentive agent by restricting his information in the first place? In our model, a well-intentioned principal provides information to an agent for whom information is costly to process, but the principal does not internalize this cost. We show that full information is universally optimal if and only if the environment comprises one issue. With multiple issues, attention management becomes optimal: the principal restricts some information to induce the agent to pay attention to other aspects.
Keyword:
RATIONAL INATTENTION
PERSUASION
ECONOMICS
AI总结
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期刊
IF:
11.6
论文数:
5.0K
被引数:
7.5W
机构
引用论文
Revealed Preference, Rational Inattention, and Costly Information Acquisition揭示的偏好、理性的注意力不集中和昂贵的信息获取
AMERICAN ECONOMIC REVIEW
IF11.6

