Rational Inattention when Decisions Take Time
收藏NBER2019-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w26415
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资源简介:
Decisions take time, and the time taken to reach a decision is likely to be informative about the cost of more precise judgments. We formalize this insight in the context of a dynamic model of optimal evidence accumulation. We provide conditions under which the resulting belief dynamics resemble
提供机构:
美国国家经济研究局
创建时间:
2019-10-01



