This paper studies static rational inattention problems with multiple actions and multiple shocks. We solve for the optimal signals chosen by agents and provide tools to interpret information processing. By relaxing restrictive assumptions previously used to gain tractability, we allow agents...

Some jurisdictions specify that the local liability exposure of a foreign legal form is defined by the liability configuration fashioned for that form by the foreign state. That blind displacement of local regulation has never been credibly justified. The regulation of risk within a jurisdiction...