Rigid pricing and rationally inattentive consumer

DOI10.1016/J.JET.2015.01.021MaRDI QIDQ896972zbMATH OpenOpenAlexFDO

Authors Filip Matějka

Publication date 15 December 2015

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.cerge-ei.cz/pdf/wp/Wp409.pdf

zbMATH Keywords

imperfect informationrational inattentionnominal rigidity

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• scientific article; zbMATH DE number 41891 (Why is no real title available?)
• A Mathematical Theory of Communication
• Business cycle dynamics under rational inattention
• Coordination with flexible information acquisition
• Elements of Information Theory
• Exogenous information, endogenous information, and optimal monetary policy
• Inattentive Producers
• Information acquisition and under-diversification
• LOQO:an interior point code for quadratic programming
• Portfolio choice, attention allocation, and price comovement
• Rationally Inattentive Seller: Sales and Discrete Pricing

Cited in

(9)

• Paying for inattention
• Inattention and belief polarization
• Strategic pricing with rational inattention to quality
• Consumer choice under limited attention when alternatives have different information costs
• Constrained versus unconstrained rational inattention
• State dependent price setting rules under implicit thresholds: an experiment
• Logit, CES, and rational inattention
• Rationally Inattentive Seller: Sales and Discrete Pricing
• Information, coordination, and market frictions: an introduction

Describes a project that uses

Uses Software

• LOQO

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