Essays on Implications of Rational Inattention to Discrete Choices

In the first chapter we study fundamental links between two popular approaches to con­ sumer choice: the multinomial logit model of individual discrete choice and the CES utility function, which describes a multiple choice of a representative consumer. We base our analysis on the rational inattentio...

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Bibliographic Details
Main Author: Matveenko, Andrei
Other Authors: Matějka, Filip
Format: Doctoral Thesis
Language:English
Published: 2019
Online Access:http://www.nusl.cz/ntk/nusl-403886