Limited attention and models of choice: A behavioral equivalence
Davide Carpentiere and
Angelo Petralia
Papers from arXiv.org
Abstract:
We show that many models of choice can be alternatively represented as special cases of choice with limited attention (Masatlioglu, Nakajima, and Ozbay, 2012), and the properties of the unobserved attention filters that explain the observed choices are singled out. Moreover, for each specification, we infer information about the DM's attention and preference from irrational features of choice data.
Date: 2025-02
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2502.14879
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