Showing 1 - 8 of 8
rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have … a limited amount of attention and have to decide how to allocate it. The literature on rational inattention argues that … the optimal allocation of attention by decision-makers can explain important features of economic data. …
Persistent link: https://www.econbiz.de/10009395648
This entry describes the economics of foreclosure with respect to US residential mortgage markets from the perspective of both the borrower and the lender.
Persistent link: https://www.econbiz.de/10009395635
This article reviews research on the taxation of electronic commerce, with a focus on sales taxes in the USA (where retailers are not always obligated to collect sales taxes for online sales). The literature has found evidence that sales taxes have large effects on buying behaviour online, which...
Persistent link: https://www.econbiz.de/10010861112
In health care systems today, including those of Switzerland and the United States, participants do not necessarily see the big picture of lifetime health costs and quality of life, and in many systems consumers and providers lack the incentives to manage preventative and chronic care to...
Persistent link: https://www.econbiz.de/10004998462
In health care systems today, including those of Switzerland and the United States, participants do not necessarily see the big picture of lifetime health costs and quality of life, and in many systems consumers and providers lack the incentives to manage preventative and chronic care to...
Persistent link: https://www.econbiz.de/10011933172
Professor Christopher Pissarides was awarded the 2010 Nobel Prize in Economics jointly with Peter Diamond and Dale Mortensen ‘for their analysis of markets with search frictions’. Though Pissarides is best known for his work in this area, it is only part of a very extensive research agenda...
Persistent link: https://www.econbiz.de/10009364192
This article provides an overview of Google, focusing on its economic history, specifically on three topics of interest: the ad auction, the IPO auction and the role of economics at Google.
Persistent link: https://www.econbiz.de/10010684107
convergence; specifically, copycat ‘herds’ arise. Also, beliefs converge to a point mass on the truth exactly when the private …
Persistent link: https://www.econbiz.de/10009415656