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Attention Management

delete2020-03-01
delete40
PRE
AI
E
Elliot Lipnowski *
L
Laurent Mathevet
D
Dong Wei
DOI:10.1257/aeri.20190165delete
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摘要

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
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期刊

American Economic Review 封面图
American Economic Review
IF:
11.6
论文数:
5.0K
被引数:
7.5W

机构

C
Columbia University
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被引数: 263
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New York University
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论文数: 3.9W
被引数: 5.8W
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University of California System
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被引数: 6.6K
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