Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322077 
Year of Publication: 
2025
Series/Report no.: 
ECB Working Paper No. 3054
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
We introduce an information provision experiment into a standard dynamic rational inattention model. We derive analytical results about how the treatment effect varies with characteristics of the environment and the individual. We use these results to discuss findings in the empirical literature on information provision experiments that can be explained by rational inattention of survey respondents and what this interpretation implies about behavior outside the survey.
Subjects: 
rational inattention
information provision experiment
randomized control trial
JEL: 
D8
D9
E7
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-7238-3
Document Type: 
Working Paper

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