Rational inattention with multiple attributes

DOI10.1016/J.JET.2023.105688MaRDI QIDQ6072234zbMATH OpenOpenAlexFDO

Authors David Walker-Jones

Publication date 12 October 2023

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2023.105688

zbMATH Keywords

costly learningperceptual distancerational inattentionShannon entropy

Mathematics Subject Classification ID

Decision theory (91B06) Measures of information, entropy (94A17)

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Cites work

• A Mathematical Theory of Communication
• Consumer choice under limited attention when alternatives have different information costs
• Coordination and continuous stochastic choice
• Discrete Choice Methods with Simulation
• Equivalent Comparisons of Experiments
• Optimization
• Rational inattention dynamics: inertia and delay in decision-making
• Rational inattention, optimal consideration sets, and stochastic choice

Cited in

(4)

• Rational inattention in the frequency domain
• Paying for inattention
• Attributes: selective learning and influence
• Foundation and identification of multi-attribute Shannon entropy

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