Complexity and Satisficing: Theory with Evidence from Chess
收藏NBER2022-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30002
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资源简介：
We develop a satisficing model of choice in which the available alternatives differ in their inherent complexity. We assumeand experimentally validatethat complexity leads to errors in the perception of alternatives values. The model yields sharp predictions about the effect of complexity on choice
提供机构：
美国国家经济研究局
创建时间：
2022-05-01
