Optimal provision of information about consumption choices in the presence of a cognitive constraint

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 145
Issue: C
Pages: 25-28

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies how to best inform a consumer about her valuations for multiple goods when the consumer can learn about fewer goods than she can consume. The consumer should learn about the worst and/or best consumption choices. If the number of different goods that the consumer can consume increases, the consumer should learn about a greater number of goods to avoid and fewer goods to select.

Technical Details

RePEc Handle
repec:eee:ecolet:v:145:y:2016:i:c:p:25-28
Journal Field
General
Author Count
1
Added to Database
2026-01-29