Costly information acquisition

CP Chambers, C Liu, J Rehbeck - Journal of Economic Theory, 2020 - Elsevier
We provide revealed preference characterizations for choices made under various forms of
costly information acquisition. We examine nonseparable, multiplicative, and constrained …

Costly information acquisition: Experimental analysis of a boundedly rational model

X Gabaix, D Laibson, G Moloche… - American Economic …, 2006 - aeaweb.org
… studying information acquisition in two experiments. In the first experiment, information acquisition
… In the second experiment, information acquisition is costly because time is scarce. The …

Social learning and costly information acquisition

R Burguet, X Vives - Economic theory, 2000 - Springer
… private information beyond that point.We also show that costly information acquisition slows
… Indeed, the rate of convergence of public information is always lower than the rate obtained …

Optimal voting schemes with costly information acquisition

A Gershkov, B Szentes - Journal of Economic Theory, 2009 - Elsevier
information acquisition is costly. There is a growing literature on costly information acquisition
… These papers focus on simultaneous information acquisition. Their goal is to analyze the …

[HTML][HTML] Bayesian persuasion with costly information acquisition

L Matyskova, A Montes - Journal of Economic Theory, 2023 - Elsevier
… We extend the standard model of Bayesian persuasion by allowing for costly information
acquisition by a receiver. We exploit common features of Bayesian persuasion and decision …

Auctions with costly information acquisition

J Crémer, Y Spiegel, CZ Zheng - Economic Theory, 2009 - Springer
… auctions with endogenous entry and information acquisition.This literature considers one-…
or not to enter and/or acquire costly information. It typically studies exogenously given auction …

Strategic pricing, signalling, and costly information acquisition

H Bester, K Ritzberger - International journal of industrial organization, 2001 - Elsevier
information acquisition is costly, perfectly informative prices eliminate the incentive to collect
information… To provide a more effective role for information acquisition, we refine the intuitive …

An empirical analysis of the incentives to engage in costly information acquisition: The case of risk arbitrage

DF Larcker, T Lys - Journal of Financial Economics, 1987 - Elsevier
… Therefore, the private information acquired by Arbs and the … costly information search.s Our
results indicate that Arbs are able to acquire information that is superior to public information

Ethical voters and costly information acquisition

T Feddersen, A Sandroni - Quarterly Journal of Political Science, 2006 - go.gale.com
costly information acquisition occurs. It is worth noting that the introduction of uncertainty does
not lead to significant acquisition of costly information in … costly information acquisition and …

Acquisition of costly information: an experimental study

TF Rötheli - Journal of Economic Behavior & Organization, 2001 - Elsevier
… For the purpose of this proof I will assume the worst case for the strategy of information
acquisition… Under this scenario the strategy of information acquisition generates at least 23 correct …