Optimally Imprecise Memory and Biased Forecasts
收藏NBER2020-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28075
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资源简介：
We propose a model of optimal decision making subject to a memory constraint. The constraint is a limit on the complexity of memory measured using Shannon's mutual information, as in models of rational inattention; but our theory differs from that of Sims (2003) in not assuming costless memory of
提供机构：
美国国家经济研究局
创建时间：
2020-11-01
