模糊下的成本学习

Costly learning under ambiguity

Journal of Mathematical Economics · 2024
被引 0
人大 A-ABS 3

中文导读

提出成本贝叶斯学习模型,用菜单选择框架公理化刻画,能解释不确定性厌恶和偏好晚揭晓不确定性的行为,对研究信息获取的学者有用。

Abstract

In this paper, we propose a general model of information acquisition, Costly Bayesian Learning (CBL). Using menu choice framework, we provide an axiomatic characterization of the model, identify its parameters, apply a comparative statics, as well as study special cases of the model. Unlike many prominent models of information acquisition (e.g., the Rational Inattention model), a CBL agent can exhibit uncertainty averse behavior and prefer late resolution of uncertainty.

成本贝叶斯学习模糊性信息获取不确定性厌恶