Neighborhood-Based Information Costs
收藏NBER2020-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26743
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资源简介：
We derive a new cost of information in rational inattention problems, the neighborhood-based cost functions, starting from the observation that many settings involve exogenous states with a topological structure. These cost functions are uniformly posterior-separable and capture notions of
提供机构：
美国国家经济研究局
创建时间：
2020-02-01
