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Rational Inattention as an Empirical Framework for Discrete Choice and Consumer-Welfare Evaluation

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Outgoing claims: the papers this work cites, builds on, or argues with.

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A Mathematical Theory of Communication
inferredcites →https://doi.org/10.1007/bf00436151openalex-snapshot
Sales promotion: The long and the short of it
inferredcites →https://doi.org/10.1016/0022-2496(82)90042-6openalex-snapshot
Structural analysis of discrete data with econometric applications
inferredcites →https://doi.org/10.1016/0167-8116(95)00006-nopenalex-snapshot
The effects of in-store displays and feature advertising on consideration sets
inferredcites →https://doi.org/10.1016/0191-2607(79)90053-0openalex-snapshot
Spatial interaction theory and planning models
inferredcites →https://doi.org/10.1016/j.jocm.2015.09.003openalex-snapshot
Welfare calculations in discrete choice models when anticipated and experienced attributes differ: A guide with examples
inferredcites →https://doi.org/10.1016/s0304-3932(03)00029-1openalex-snapshot
Implications of rational inattention
inferredcites →https://doi.org/10.1023/a:1023534028314openalex-snapshot
Balancing Profitability and Customer Welfare in a Supermarket Chain
inferredcites →https://doi.org/10.1037/0022-3514.79.6.995openalex-snapshot
When choice is demotivating: Can one desire too much of a good thing?
inferredcites →https://doi.org/10.1068/a090285openalex-snapshot
On the Formation of Travel Demand Models and Economic Evaluation Measures of User Benefit
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A Model of Consumer Information Search Behavior for New Automobiles
inferredcites →https://doi.org/10.1086/209225openalex-snapshot
An Evaluation Cost Model of Consideration Sets
inferredcites →https://doi.org/10.1086/209482openalex-snapshot
Consumer Information Search Revisited: Theory and Empirical Analysis
inferredcites →https://doi.org/10.1086/340779openalex-snapshot
Quantifying the Benefits of New Products: The Case of the Minivan
inferredcites →https://doi.org/10.1086/513052openalex-snapshot
The Impact of the Internet on Consumers' Use of Information Sources for Automobiles: A Re-Inquiry
inferredcites →https://doi.org/10.1093/0199273391.003.0005openalex-snapshot
How Much Choice is Too Much? Contributions to 401(k) Retirement Plans
inferredcites →https://doi.org/10.1093/restud/rdy037openalex-snapshot
Rational Inattention, Optimal Consideration Sets, and Stochastic Choice
inferredcites →https://doi.org/10.1111/0034-6527.00324openalex-snapshot
Compensating Variation and Hicksian Choice Probabilities in Random Utility Models that are Nonlinear in Income
inferredcites →https://doi.org/10.1111/1756-2171.12073openalex-snapshot
Quantifying search and switching costs in the US auto insurance industry
inferredcites →https://doi.org/10.1111/iere.12469openalex-snapshot
DISCRETE CHOICE AND RATIONAL INATTENTION: A GENERAL EQUIVALENCE RESULT
inferredcites →https://doi.org/10.1111/j.1468-0262.2005.00612.xopenalex-snapshot
Uncertainty and Learning in Pharmaceutical Demand
inferredcites →https://doi.org/10.1111/j.1468-2354.2007.00459.xopenalex-snapshot
THE PURE CHARACTERISTICS DEMAND MODEL*
inferredcites →https://doi.org/10.1162/003465399767923827openalex-snapshot
Nonlinear Income Effects in Random Utility Models
inferredcites →https://doi.org/10.1162/qjec.2010.125.1.263openalex-snapshot
What's Advertising Content Worth? Evidence from a Consumer Credit Marketing Field Experiment*
inferredcites →https://doi.org/10.1177/002224377200900302openalex-snapshot
Prepurchase Information Seeking for New Cars and Major Household Appliances
inferredcites →https://doi.org/10.1177/002224379002700306openalex-snapshot
An Elimination by Aspects Model of Consumer Response to Promotion Calibrated on UPC Scanner Data
inferredcites →https://doi.org/10.1177/002224379503200105openalex-snapshot
Studying Consideration Effects in Empirical Choice Models Using Scanner Panel Data
inferredcites →https://doi.org/10.1177/002224379603300204openalex-snapshot
Limited Choice Sets, Local Price Response, and Implied Measures of Price Competition
inferredcites →https://doi.org/10.1177/002224379803500203openalex-snapshot
Consumers’ Perceptions of the Assortment Offered in a Grocery Category: The Impact of Item Reduction
inferredcites →https://doi.org/10.1257/aer.20130047openalex-snapshot
Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
inferredcites →https://doi.org/10.1257/aer.20140117openalex-snapshot
Revealed Preference, Rational Inattention, and Costly Information Acquisition
inferredcites →https://doi.org/10.1257/mic.20180182openalex-snapshot
Competition, Product Proliferation, and Welfare: A Study of the US Smartphone Market
inferredcites →https://doi.org/10.1257/mic.20200310openalex-snapshot
Rational Inattention in the Infield
inferredcites →https://doi.org/10.1287/mksc.1050.0170openalex-snapshot
An Integrated Choice Model Incorporating Alternative Mechanisms for Consumers’ Reactions to In-Store Display and Feature Advertising
inferredcites →https://doi.org/10.1287/mksc.1100.0574openalex-snapshot
Online Demand Under Limited Consumer Search
inferredcites →https://doi.org/10.1287/mksc.1100.0590openalex-snapshot
The Effect of Media Advertising on Brand Consideration and Choice
inferredcites →https://doi.org/10.1287/mksc.15.1.1openalex-snapshot
Decision-Making Under Uncertainty: Capturing Dynamic Brand Choice Processes in Turbulent Consumer Goods Markets
inferredcites →https://doi.org/10.1287/mksc.17.2.139openalex-snapshot
The Role of Sale Signs
inferredcites →https://doi.org/10.1287/mksc.2.3.203openalex-snapshot
A Logit Model of Brand Choice Calibrated on Scanner Data
inferredcites →https://doi.org/10.1287/mksc.2016.0977openalex-snapshot
Zooming In on Choice: How Do Consumers Search for Cameras Online?
inferredcites →https://doi.org/10.1287/mksc.22.1.58.12849openalex-snapshot
Price Uncertainty and Consumer Search: A Structural Model of Consideration Set Formation
inferredcites →https://doi.org/10.1287/mnsc.2023.4729openalex-snapshot
Measuring Benefits from New Products in Markets with Information Frictions
inferredcites →https://doi.org/10.1509/jmkr.46.3.410openalex-snapshot
Assortment Size and Option Attractiveness in Consumer Choice among Retailers
inferredcites →https://doi.org/10.2139/ssrn.3874890openalex-snapshot
Quality Choice in Information-Intensive Goods: The Significance of Education and Income
inferredcites →https://doi.org/10.2307/134075openalex-snapshot
Frontiers in Econometrics
inferredcites →https://doi.org/10.2307/1911129openalex-snapshot
Applied Welfare Economics with Discrete Choice Models
inferredcites →https://doi.org/10.2307/2555829openalex-snapshot
Estimating Discrete-Choice Models of Product Differentiation
inferredcites →https://doi.org/10.3982/ecta12574openalex-snapshot
Nonparametric Welfare Analysis for Discrete Choice
inferredcites →https://doi.org/10.3982/qe252openalex-snapshot
On the surjectivity of the mapping between utilities and choice probabilities
inferredcites →https://doi.org/10.3982/qe436openalex-snapshot
Duality in dynamic discrete-choice models
inferredcites →https://doi.org/10.7551/mitpress/2450.001.0001openalex-snapshot
Discrete Choice Theory of Product Differentiation

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Nonparametric Estimation of Price Elasticities: A Heterogeneous Treatment Effect Approach
inferred← citeshttps://doi.org/10.2139/ssrn.4179022openalex-extracted
An Empirical Specification of Rational Inattention Multinomial Logit (RI-MNL) Model for Panel Datasets
inferred← citeshttps://doi.org/10.2139/ssrn.4508227openalex-extracted
Choice Models and Permutation Invariance: Demand Estimation in Differentiated Products Markets
inferred← citeshttps://doi.org/10.2139/ssrn.4530519openalex-extracted
Discrete Choice in Marketing through the Lens of Rational Inattention
inferred← citeshttps://doi.org/10.1007/978-3-032-02925-6_35openalex-snapshot
Attention Dynamics: Antecedents to Consumer Choice
inferred← citeshttps://doi.org/10.1007/s00291-024-00755-1openalex-snapshot
Predicting and optimizing marketing performance in dynamic markets
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Discrete choice in marketing through the lens of rational inattention
inferred← citeshttps://doi.org/10.1007/s11166-026-09503-yopenalex-snapshot
Rational inattention: The interplay of stakes and prior beliefs in a laboratory study
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The welfare content of the inclusive value in logit models: Taste, entropy, and preference heterogeneity
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Estimating plant-based milk impacts on U.S. fluid milk prices and quantities
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Search in service of choice: An agenda for comparing, extending, and integrating consumer search models
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Pay more attention to consumers: exploring customer acquisition strategies of large third-party sellers on e-B2C market
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Islamic symbols in video commercials: an empirical analysis of perceived Islamic value and consumer attitudes
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Bridging between Hypothetical and Incentivized Choice *
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Strategic Summarization in Product Search
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Search in Service of Choice
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Endogenous Information and Simplifying Insurance Choice
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Information search and decision-making in credit acquisition
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COMESA Customs Union Commitments and the Impact on Kenya: Using the Wits-Smart Simulation Model
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The role of perceived Islamic value of advertisement in purchase intention: Mediation effect of advertisement value
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Constructing Purchase-Related Candidate Sets: Time-Ordered Prediction and Product Co-Occurrence
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