Costly information acquisition

A-Tier
Journal: Journal of Economic Theory
Year: 2020
Volume: 186
Issue: C

Authors (3)

Chambers, Christopher P. (Georgetown University) Liu, Ce (not in RePEc) Rehbeck, John (not in RePEc)

Score contribution per author:

1.345 = (α=2.02 / 3 authors) × 2.0x A-tier

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

Abstract

We provide revealed preference characterizations for choices made under various forms of costly information acquisition. We examine nonseparable, multiplicative, and constrained costly information acquisition. In particular, this allows the possibility of unknown time delay for acquiring information. The techniques we use parallel the duality properties in the standard consumer problem.

Technical Details

RePEc Handle
repec:eee:jetheo:v:186:y:2020:i:c:s0022053118301388
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25