Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 8 of 8 for “"Rational Inattention"”.
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Rational inattention in control of Markov chains
This thesis poses a general model for optimal control subject to information constraint, motivated in part by recent work on information-constrained decision-making by economic agents. In the average-cost optimal control framework, the general model introduced in this paper reduces to a variant of …
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Capturing Residential Preference Changes through Perception Detections of Rationally Inattentive Decision Makers
… The thesis also introduces an empirical model of rational inattention discrete location choice based on latent preferences and attention span. This model contributes to explaining the heteroskedasticity of different demographics in decision-making. The proposed methodology is validated by …
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Business cycles, interest rates and market volatility : estimation and forecasting using DSGE macroeconomic models under partial information
… improvements, was use of single, fully informed rational agents in those modes. Consequently, the first part of this research project was aiming to improve the DSGE econometric methods by introducing novel solution for DSGE models with imperfect, partial information about the current values of …
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Essays in Decision Theory
… of Minimal Complexity Updating to the theory of rational inattention. The last chapter deals with a variant model of fictitious play, in which each player has a perturbation term that measures to what extent his rival will stick to the rules of traditional fictitious play. I find that the …
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Essays on Investor Attention
… and systematic shocks, as suggested by models of rational inattention.<strong></strong></p> <p><strong>Chapter 2</strong> This chapter analyzes investor attention around merger announcements and its impact on price reactions and investor trading activity. I find that (1) investor attention to …
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Rumor source identification, contagion processes, and dynamics of social network formation and evolution
… These findings are consistent with the theory of rational inattention, and illustrate the role of information in the trade-off between market efficiency and sustainability.
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Essays on games of strategic information disclosure
This dissertation studies communication and information design in strategic settings. In each chapter, I develop a theoretical framework to study an interaction where a decision-maker who lacks access to information relevant for her decision has to rely on one or more interested parties to provide …
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Expectations in Financial Markets
… that drive the fire sale impossible for funds to rationalise because the funds know that the central bank stands ready to provide liquidity via asset purchases if needed. Whereas in the first chapter I assume agents can costlessly absorb all available information, in the second chapter …