| 000 -LEADER |
| fixed length control field |
01147nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
201102b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Lipnowski, Elliot and Dong Wei |
| 245 ## - TITLE STATEMENT |
| Title |
Attention Management |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
The American Economic Review: Insights |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
2(1), Mar, 2020: p.17-32 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Attention costs can cause some information to be ignored and decisions to be imperfect. Can we improve the material welfare of a rationally inattentive agent by restricting his information in the first place? In our model, a well-intentioned principal provides information to an agent for whom information is costly to process, but the principal does not internalize this cost. We show that full information is universally optimal if and only if the environment comprises one issue. With multiple issues, attention management becomes optimal: the principal restricts some information to induce the agent to pay attention to other aspects.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Asymmetric and Private Information; Mechanism Design |
| 9 (RLIN) |
20730 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
The American Economic Review: Insights |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
DECISION MAKING |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |