Inattentive Economies
收藏NBER2019-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w26413
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资源简介:
We study the efficiency of competitive markets when people are rationally inattentive. Appropriate amendments of the Welfare Theorems hold if attention costs satisfy an invariance condition, which amounts to free disposal of decision-irrelevant aspects of the state of nature. This condition is
提供机构:
美国国家经济研究局
创建时间:
2019-10-01



