Logit, CES, and rational inattention

DOI10.1016/J.ECONLET.2019.108537zbMath1429.91199OpenAlexW2610512739MaRDI QIDQ2292743

Andrei Matveenko

Publication date: 5 February 2020

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2019.108537

zbMATH Keywords

discrete choicerepresentative consumerdemand systemCES utility functionmultinomial logitrational inattention

Mathematics Subject Classification ID

Utility theory (91B16) Consumer behavior, demand theory (91B42)

Cites Work

• Rigid pricing and rationally inattentive consumer
• The CES is a discrete choice model?
• Welfare evaluation in a heterogeneous agent model: how representative is the CES representative consumer?
• Strategic pricing with rational inattention to quality
• Knowing What Others Know: Coordination Motives in Information Acquisition

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