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Constrained versus Unconstrained Rational Inattention

The rational inattention literature is split between two versions of the model: in one, mutual information of states and signals are bounded by a hard constraint, while, in the other, it appears as an additive term in the decision maker’s utility function. The resulting constrained and unconstrained...

Whakaahuatanga katoa

I tiakina i:
Ngā taipitopito rārangi puna kōrero
Kaituhi matua: Yaron Azrieli
Hōputu: Artigo
Reo:Inglês
I whakaputaina: MDPI AG 2021-01-01
Rangatū:Games
Ngā marau:
Urunga tuihono:https://www.mdpi.com/2073-4336/12/1/3
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