Limited cognitive ability and selective information processing

DOI10.1016/J.GEB.2020.01.005MaRDI QIDQ2178027zbMATH OpenOpenAlexFDO

Authors Benson Tsz Kin Leung

Publication date 7 May 2020

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe1891.pdf

zbMATH Keywords

confirmation biasinformation avoidanceinformation overloadlimited abilitypolarizationwishful thinking

Mathematics Subject Classification ID

Signaling and communication in game theory (91A28) Decision theory (91B06) Voting theory (91B12)

Recommendations

• Cognitive limits and preferences for information
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Cites work

• Analogy-based expectation equilibrium
• Arm's Length Relationships
• Bounded memory and biases in information processing
• Correlation neglect in belief formation
• Cursed Equilibrium
• Fragility of asymptotic agreement under Bayesian learning
• On the interpretation of decision problems with imperfect recall
• Self-Confidence and Personal Motivation
• Strategic Ignorance as a Self-Disciplining Device
• The ostrich effect: Selective attention to information

Cited in

(9)

• Asymmetries in information processing in a decision theory framework
• Prior knowledge and monotone decision problems
• Bounded memory in a changing world: biases in behaviour and belief
• Bounded memory and biases in information processing
• What you see is all there is
• Forgetful updating and stubborn decision-makers
• Cognitive limits and preferences for information
• Memory overload and asymmetric underreaction
• How much information do we need?

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