This is a past event. Its details are archived for historical purposes.
The contact information may no longer be valid.
Please visit our current events listings to look for similar events by title, location, or venue.
Friday, November 1, 2019 at 11:40am to 1:10pm
Uris Hall, 498
Jakub Steiner - CERGE-EI & University of Zurich
Attention Please! (joint w/Olivier Gossner & Colin Stewart)
Abstract: 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.