A Memory-Based Model of Bounded Rationality

DOI10.1162/003355302760193887MaRDI QIDQ4789646zbMATH OpenOpenAlexFDO

Authors Sendhil Mullainathan

Publication date 3 April 2003

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/1721.1/63848

zbMATH Keywords

memoryover- and underreactionconsumption decision

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Memory and learning in psychology (91E40)

Recommendations

• Imperfect memory and choice under risk
• Economic Agents as Imperfect Problem Solvers
• Decision rules with bounded memory
• Bounded memory and biases in information processing
• Memory and discounting: theory and evidence

Cited in

(18)

• Imitation with asymmetric memory
• Memory and discounting: theory and evidence
• Limited focus in dynamic games
• Paying attention to payoffs in analogy-based learning
• On the cost of misperception: general results and behavioral applications
• Is attention produced optimally? Theory and evidence from experiments with bandwidth enhancements
• Motivated memory in dictator games
• The impact of prior decisions on subsequent valuations in a costly contemplation model
• Economic Agents as Imperfect Problem Solvers
• Bounded rationality as a source of loss aversion and optimism: a study of psychological adaptation under incomplete information
• Imperfect memory and choice under risk
• The value of (bounded) memory in a changing world
• Embedded choices
• Information flows and memory in games
• The flexibility of models of recognition memory: the case of confidence ratings
• Multi-attribute decision by sampling: an account of the attraction, compromise and similarity effects
• Algorithmic rationality: game theory with costly computation
• Time for memorable consumption

This page was built for publication: A Memory-Based Model of Bounded Rationality

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4789646)