Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/122083 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
Working Paper No. 744
Verlag: 
Queen Mary University of London, School of Economics and Finance, London
Zusammenfassung: 
We propose a novel method to model an agent who is imperfectly attentive in the sense that she may consider only some of the alternatives available. Our methodology departs from the standard 'revealed preference' one: we make plausible assumptions on the values to the imperfectly attentive agent of different choice situations. We derive in this way a simple reduced-form model that is compatible with several cognitive processes underlying choice: the agent stochastically forms a consideration set by noticing each alternative with a given probability and then maximises a deterministic utility function over the consideration set.
Schlagwörter: 
Attention
Bounded rationality
Stochastic choice
JEL: 
D0
Dokumentart: 
Working Paper

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