【Theory webinar】Attention Please!

  • 研討會日期 : 2021-09-28
  • 時間 : 16:00
  • 主講人 : Professor Colin Stewart
  • 地點 : online
  • 演講者簡介 : Professor Stewart received his Ph.D. in Economic from Yale University in 2007. He is currently a Professor and Associate Chair at University of Toronto. His research fields are Microeconomic theory, Behavioral Economics.
  • 演講摘要 : We study the impact of manipulating the attention of a decision-maker who learns sequentially about a number of items before making a choice. Under natural assumptions on the decision-maker’s strategy, directing attention toward one item increases its likelihood of being chosen regardless of its value. This result applies when the decision-maker can reject all items in favor of an outside option with known value; if no outside option is available, the direction of the effect of manipulation depends on the value of the item. A similar result applies to manipulation of choices in bandit problems.