Search Results - subject:"Menu Choice"

Rationally inattentive preferences and hidden information costs

de Oliveira, Henrique; Denti, Tommaso; Mihm, Maximilian; … - In: Theoretical Economics 12 (2017) 2, pp. 621-654

We show how information acquisition costs can be identified using observable choice data. Identifying information costs from behavior is especially relevant when these costs depend on factors-such as time, effort, and cognitive resources-that are difficult to observe directly, as in models of...

Persistent link: https://www.econbiz.de/10012010080

Rationally inattentive preferences and hidden information costs

Oliveira, Henrique de; Denti, Tommaso; Mihm, Maximilian; … - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 2, pp. 621-654

Persistent link: https://www.econbiz.de/10011705099

Costly information acquisition and the temporal resolution of uncertainty

Pennesi, Daniele - Théorie Économique, Modélisation, Application … - 2015

This paper studies the choice of an individual who acquires information before choosing an action froma set of actions,whose consequences depend on the realization of a state of nature. Information processing can be costly, for example, due to limited attention. We show that the preference of...

Persistent link: https://www.econbiz.de/10011144065

Determinants and Impacts of Customers’ Menu Choice Regarding the Familiarity in the Authentic Chinese Restaurant Context

Zhong, Yan; Ryu, Kisang - 2010

The study examined the determinants and impacts of menu choice (familiar food versus novel food) in an authentic … structural equation modeling analysis revealed that perceived risk-taking had significant effects on the in menu choice regarding … the familiarity, while menu choice had significant effects on disconfirmation, which in turn had a significant influence …

Persistent link: https://www.econbiz.de/10009467743