Nathaniel Neligh
Biographic Data
| ID | 5867513 |
|---|---|
| NAME | Nathaniel Neligh |
| GIVEN NAMES | Nathaniel |
| FAMILY NAME | Neligh |
| SIGNATURE | NELIGH N |
| AFFILIATIONS | University of Tennessee at Knoxville |
| ORCID | 0000-0002-7483-8020 |
| VERIFIED | Yes |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 5 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2023 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 1 |
Experimental Tests of Rational Inattention
We use laboratory experiments to test models of rational inattention, in which people acquire information to maximize utility net of information costs. We show that subjects adjust their attention in response to changes in incentives, in line with the rational inattention model. However, our results are qualitatively inconsistent with information costs that are linear in Shannon entropy, as is often assumed in applied work. Our data are best fit …
Experimental Tests of Rational Inattention
We use laboratory experiments to test models of rational inattention, in which people acquire information to maximize utility net of information costs. We show that subjects adjust their attention in response to changes in incentives, in line with the rational inattention model. However, our results are qualitatively inconsistent with information costs that are linear in Shannon entropy, as is often assumed in applied work. Our data are best fit …
Experimental Tests of Rational Inattention
We use laboratory experiments to test models of rational inattention, in which people acquire information to maximize utility net of information costs. We show that subjects adjust their attention in response to changes in incentives, in line with the rational inattention model. However, our results are qualitatively inconsistent with information costs that are linear in Shannon entropy, as is often assumed in applied work. Our data are best fit …
Computer Science (1 works) · Decision-Making and Behavioral Economics (1 works) · Econometrics (1 works) · Economics (1 works) · Entropy (arrow of time (1 works) · Experimental Behavioral Economics Studies (1 works) · Generalization (1 works) · Incentive (1 works) · Mathematics (1 works) · Microeconomics (1 works)