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Estimating information cost functions in models of rational inattention
16 references·16 citing·41 second hopsampled
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References

  • 2003Maps of Bounded Rationality: Psychology for Behavioral Economics5,374 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1993Tests for Parameter Instability and Structural Change With Unknown Change Point4,325 cited
  • 2000Individual differences in reasoning: Implications for the rationality debate?4,263 cited
  • 2003Implications of rational inattention3,869 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1988A Theory of Intraday Patterns: Volume and Price Variability3,120 cited
  • 2009Salience and Taxation: Theory and Evidence2,907 cited
  • 2009Psychology and Economics: Evidence from the Field2,406 cited
  • 1989Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?2,314 cited
  • 2015Subject pool recruitment procedures: organizing experiments with ORSEE2,285 cited
  • 2001Familiarity Breeds Investment1,920 cited
  • 2009Driven to Distraction: Extraneous Events and Underreaction to Earnings News1,539 cited
  • 2010Visual fixations and the computation and comparison of value in simple choice1,406 cited
  • 1981Information aggregation in a noisy rational expectations economy

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1,068 cited
  • 2013Salience and Consumer Choice918 cited
  • Cited by

    • 2020What Makes a Rule Complex?109 cited
    • 2017Rational Inattention and Sequential Information Sampling41 cited
    • 2021Neighborhood-Based Information Costs37 cited
    • 2021Coordination and Continuous Stochastic Choice36 cited
    • 2024Anticipatory Anxiety and Wishful Thinking31 cited
    • 2022Multinomial Logit Processes and Preference Discovery: Inside and Outside the Black Box21 cited
    • 2023Complexity and Procedural Choice19 cited
    • 2017Risk Aversion as a Perceptual Bias19 cited
    • 2021Dual Decision Processes: Retrieving Preferences When Some Choices Are Automatic14 cited
    • 2023Dynamic discrete choice under rational inattention14 cited
    • 2018Information Costs and Sequential Information Sampling11 cited
    • 2021Visual judgments of length in the economics laboratory: Are there brains in stochastic choice?10 cited
    • 2023A Check for Rational Inattention8 cited
    • 2024Stochastic choice and imperfect judgments of line lengths: What is hiding in the noise?6 cited
    • 2022A neural basis of rational inattention models: consistency of cognitive cost with the mutual information criterion5 cited
    • 2022Attention and choices with multiple states and actions: A laboratory experiment4 cited