Rational Inattention and Choice Under Risk: Explaining Violations of Expected Utility Through a Shannon Entropy Formulation of the Costs of Rationality

Maxim Pinkovskiy ()

Atlantic Economic Journal, 2009, vol. 37, issue 1, pages 99-112

Keywords: Expected utility theory; Rational inattention; Discrete choice; Experimental economics; D8 (search for similar items in EconPapers)
Date: 2009
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Persistent link: http://EconPapers.repec.org/RePEc:kap:atlecj:v:37:y:2009:i:1:p:99-112

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