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Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy
8 references·16 citing·47 second hop
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References

  • 2003Implications of rational inattention3,869 cited
  • 1937Economics and Knowledge2,086 cited
  • 1980The Class of Additively Decomposable Inequality Measures1,729 cited
  • 2014A Sparsity-Based Model of Bounded Rationality *705 cited
  • 2006Inattentive Producers432 cited
  • 2011Neuroeconomic Foundations of Economic Choice—Recent Advances276 cited
  • 2018Rational Inattention, Optimal Consideration Sets, and Stochastic Choice246 cited
  • 2020Rational Inattention, Competitive Supply, and Psychometrics*107 cited

Cited by

  • 2023Experimental Tests of Rational Inattention89 cited
  • 2020Estimating information cost functions in models of rational inattention56 cited
  • 2019Rational Inattention when Decisions Take Time49 cited
  • 2017Rational Inattention and Sequential Information Sampling41 cited
  • 2020Optimally Imprecise Memory and Biased Forecasts38 cited
  • 2022Experimental Cost of Information38 cited
  • 2023Bayesian persuasion with costly information acquisition38 cited
  • 2021Neighborhood-Based Information Costs

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37 cited
  • 2023Bayesian persuasion with costly information acquisition32 cited
  • 2023Rational inattention when decisions take time22 cited
  • 2025A timeline of cognitive costs in decision-making14 cited
  • 2023Dynamic discrete choice under rational inattention14 cited
  • 2020Habits as adaptations: An experimental study10 cited
  • 2024Speed, Accuracy, and Complexity7 cited
  • 2023Economic Decision-Making Skill Predicts Income in Two Countries5 cited
  • 2022Attention and choices with multiple states and actions: A laboratory experiment4 cited