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- W3133327422 abstract "We introduce a simple method of recovering attention costs from choice data. Our method rests on a precise analogy with production theory. Costs of attention determine consumer demand and consumer welfare just as a competitive firm's technology determines its supply curve and profits. We implement our recovery method experimentally, outline applications, and link our work to the broader literature on inattention and mistaken decisions." @default.
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- W3133327422 date "2018-11-01" @default.
- W3133327422 modified "2023-09-28" @default.
- W3133327422 title "Rational Inattention, Competitive Supply, and Psychometrics" @default.
- W3133327422 hasPublicationYear "2018" @default.
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