Strategic pricing with rational inattention to quality

DOI10.1016/J.GEB.2017.03.007MaRDI QIDQ2013338zbMATH OpenOpenAlexFDO

Authors Daniel Martin

Publication date 17 August 2017

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

Full work available at URL https://doi.org/10.1016/j.geb.2017.03.007

zbMATH Keywords

rational inattentionlimited attentionprice signalingstrategic naïveté

Mathematics Subject Classification ID

Other game-theoretic models (91A40) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Rationally Inattentive Seller: Sales and Discrete Pricing
• Rigid pricing and rationally inattentive consumer
• Pricing and signaling with frictions
• Price signaling and the strategic benefits of price rigidities
• On price versus quality

Cites work

• A Cognitive Hierarchy Model of Games
• A cognitive hierarchy model of learning in networks
• A sparsity-based model of bounded rationality
• Bayesian persuasion with multiple senders and rich signal spaces
• Business cycle dynamics under rational inattention
• Cursed Equilibrium
• Endogenous depth of reasoning
• On players' models of other players: Theory and experimental evidence
• Rational inattention dynamics: inertia and delay in decision-making
• Rigid pricing and rationally inattentive consumer

Cited in

(13)

• Price signaling and the strategic benefits of price rigidities
• scientific article; zbMATH DE number 7306871 (Why is no real title available?)
• Paying for inattention
• Persuasion with limited communication capacity
• scientific article; zbMATH DE number 6874174 (Why is no real title available?)
• Testing the sender: when signaling is not enough
• A NOTE ON PRICING OF PRODUCT QUALITY FOR STATUS CONCERNS
• Rigid pricing and rationally inattentive consumer
• Rationally Inattentive Seller: Sales and Discrete Pricing
• Value computation and modulation: a neuroeconomic theory of self-control as constrained optimization
• Logit, CES, and rational inattention
• scientific article; zbMATH DE number 7742924 (Why is no real title available?)
• Misperception and cognition in markets

This page was built for publication: Strategic pricing with rational inattention to quality

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2013338)