Rational Inattention, Competitive Supply, and Psychometrics
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NBER Working Paper No. 25224
---- Acknowledgments ----
We thank Ernst Fehr for guiding us in the direction of simplification before we knew there was anything simple to be found. We thank Sandro Ambuehl, Roland Bénabou, Mark Dean, Sam Gershman, Andrei Gomberg, Wei Ji Ma, Daniel Martin, David Redish, Joyce Sadka, Isabelle Salcher, Eric Spurlino, and Dmitry Taubinsky for helpful discussions and three anonymous referees for constructive comments and suggestions. We thank Han Su and Theodore Kim for programming the experimental interface. We thank the Alfred P. Sloan and NOMIS Foundations for support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.