Behavioral Sticky Prices

We develop a model in which households make decisions using a dual-process framework. System 1 relies on fast, intuitive heuristics but is prone to error, while System 2 demands cognitive effort but yields more accurate decisions. Monopolistic firms can influence which system households engage

我们构建了一个模型，其中家庭基于双加工框架（dual-process framework）做出决策。系统1依赖快速、直觉性的启发式（heuristics），但易出错；而系统2需要认知努力，却能产生更准确的决策。垄断企业可影响家庭所采用的系统类型。