Limited information capacity as a source of inertia

DOI10.1016/J.JEDC.2003.08.002MaRDI QIDQ953698zbMATH OpenOpenAlexFDO

Authors Giuseppe Moscarini

Publication date 6 November 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2003.08.002

zbMATH Keywords

inertiainformation capacityprice stickinesstime-dependent rules

Mathematics Subject Classification ID

Statistical aspects of information-theoretic topics (62B10) Inference from stochastic processes and prediction (62M20) Decision theory (91B06) Economic time series analysis (91B84) Information theory (general) (94A15)

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Cites work

• scientific article; zbMATH DE number 3736679 (Why is no real title available?)
• scientific article; zbMATH DE number 722978 (Why is no real title available?)
• scientific article; zbMATH DE number 3228255 (Why is no real title available?)
• A Mathematical Theory of Communication
• Inflation and Costs of Price Adjustment
• Real-Time Decentralized Information Processing as a Model of Organizations with Boundedly Rational Agents
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
• The Law of Large Demand for Information
• The Optimal Level of Experimentation

Cited in

(8)

• Optimal ownership of entrepreneurial firms with rational inattention
• Cognitive limits and preferences for information
• Intervention with limited information
• Information acquisition and learning from prices over the business cycle
• Effects of common factors on dynamics of stocks traded by investors with limited information capacity
• Inertia and reactivity in decision making as cognitive variational inequalities
• Rational status quo
• The price of flexibility: towards a theory of thinking aversion

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