Constrained versus unconstrained rational inattention (Q2052480)
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scientific article; zbMATH DE number 7434002
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Constrained versus unconstrained rational inattention |
scientific article; zbMATH DE number 7434002 |
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Constrained versus unconstrained rational inattention (English)
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26 November 2021
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The authors pointed out that when two versions of a problem are closely related solutions may differ seriously. That is, the decisions based in one versions are not to be transferred to the other. So, tests on the validity of the rational inattention model provide conclusions depending on the versions tested. The author derived lemmas, propositions and theorems
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costly information
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rational inattention
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Shannon entropy
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