Concepedia

Rational Inattention

Rational Inattention is an economic theory of decision-making under cognitive constraints that models how individuals optimally allocate limited attention to information acquisition, balancing the marginal benefit of more precise information against its marginal cost in processing effort.

157

Publications

14.8K

Citations

254

Authors

181

Institutions

Publications per year

2017–2026

75

Parents

Publications

157

Implications of rational inattention

Christopher A. Sims · Journal of Monetary Economics · 2003 · 3.8K citations

, , +5

Procrastination and Obedience

George A. Akerlof, George A. Akerlof · AgEcon Search (University of Minnesota, USA) · 1991 · 869 citations · Full text

, , +10

Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model

Filip Matějka, Alisdair McKay · American Economic Review · 2015 · 750 citations · Full text

, , +14

How Do Firms Form Their Expectations? New Survey Evidence

Olivier Coibion, Yuriy Gorodnichenko, Saten Kumar · American Economic Review · 2018 · 564 citations

, , +14

Revealed Preference, Rational Inattention, and Costly Information Acquisition

Andrew Caplin, Mark Dean · American Economic Review · 2015 · 516 citations

, , +14

1–5 of 157

Authors

254

  1. YL
    Yulei Luo

    University of Hong Kong, Hong Kong SAR China

    8 publications · 212 citations

    8

    h-index

  2. FM
    Filip Matějka

    Center for Economic Research and Graduate Education – Economics Institute, Czechia

    8 publications · 1.2K citations

    8

    h-index

  3. ER
    Eric R. Young

    University of Virginia, United States

    7 publications · 205 citations

    7

    h-index

  4. MW
    Michael Woodford

    Columbia University, United States

    6 publications · 292 citations

    6

    h-index

  5. TD
    Tommaso Denti

    Cornell University, United States

    6 publications · 204 citations

    6

    h-index

1–5 of 254

Institutions

181

  1. Columbia University

    New York, United States

    12 h-index

    16 publications

    894 citations

  2. University of Virginia

    Charlottesville, United States

    9 h-index

    10 publications

    353 citations

  3. University of Hong Kong

    Pok Fu Lam, Hong Kong

    9 h-index

    11 publications

    293 citations

  4. University of Chicago

    Chicago, United States

    8 h-index

    9 publications

    601 citations

  5. Princeton University

    Princeton, United States

    8 h-index

    9 publications

    4.9K citations

  6. New York University

    New York, United States

    8 h-index

    9 publications

    1.1K citations

  7. National Bureau of Economic Research

    Cambridge, United States

    7 h-index

    9 publications

    583 citations

  8. Center for Economic Research and Graduate Education – Economics Institute

    Prague, Czechia

    6 h-index

    6 publications

    1.1K citations

1–8 of 181

Venues

  1. SSRN Electronic Journal

    Repository · 24 publications · 726 citations

    17

    h-index

  2. American Economic Review

    14 publications · 2.9K citations

    14

    h-index

  3. Journal of Economic Theory

    JET · 5 publications · 258 citations

    6

    h-index

  4. The Review of Economic Studies

    6 publications · 1.3K citations

    6

    h-index

  5. RePEc: Research Papers in Economics

    Repository · 6 publications · 180 citations

    6

    h-index

1–5