Attention Please!

S-Tier
Journal: Econometrica
Year: 2021
Volume: 89
Issue: 4
Pages: 1717-1751

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

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

Abstract

We study the impact of manipulating the attention of a decision‐maker who learns sequentially about a number of items before making a choice. Under natural assumptions on the decision‐maker's strategy, directing attention toward one item increases its likelihood of being chosen regardless of its value. This result applies when the decision‐maker can reject all items in favor of an outside option with known value; if no outside option is available, the direction of the effect of manipulation depends on the value of the item. A similar result applies to manipulation of choices in bandit problems.

Technical Details

RePEc Handle
repec:wly:emetrp:v:89:y:2021:i:4:p:1717-1751
Journal Field
General
Author Count
3
Added to Database
2026-01-29