Rationally Inattentive Seller: Sales and Discrete Pricing
By F. Mat. 2016
185 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Marketing
View Paper: https://www.semanticscholar.org/paper/3c3b467b81a330c04e4bebae17a140465399c67e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- John Leahy
- Andrew Caplin
- Michael Woodford
- Mark Dean
- Martin Eichenbaum
- Nir Jaimovich
- Sergio Rebelo
- Guido Lorenzoni
In Marketing
Citations in the corpus
- Business Cycle Dynamics Under Rational Inattention (2015, unknown): “(35) subject to equations (27)-(28), equation (33) for the bond deviation, the law of motion for the optimal actions under perfect information”
- Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination (2016, unknown): “…agents inside the model: both the fundamentals 16The same applies to many of the recent applications of rational inattention, including Luo (2008), Matejka (2015a, 2015b), and Matejka et al. (2015); but not to those that let rational inattention be, in effect, a specific micro-foundation of…”
- Optimal Sticky Prices Under Rational Inattention (2009, unknown): “It will be interesting to develop a dynamic stochastic general equilibrium model with rational inattention on the side of firms and households and to compare the predictions to, for example, Christiano, Eichenbaum, and Evans (2005) and Frank Smets and Raf Wouters (2003). Furthermore, it will be inte”
- Information-Constrained State-Dependent Pricing (2008, background): “This is a substantial cost, but perhaps not an unrealistic one; firms surely would find it prohibitively expensive to be constantly well-enough informed to make a precisely optimal decision each month about the desirability of a price review.(24)”
- Rational Inattention, Optimal Consideration Sets, and Stochastic Choice (2018, methodology): “Our paper provides new techniques for solving models or rational inattention which have been popular in economics since their introduction by Sims [2003].12 Specifically, we augment the results of Matejka and McKay [2015] to provide conditions which are both necessary and suffi cient for optimality.”
- Reference Prices, Costs, and Nominal Rigidities (2011, background): “23 Burstein (2006) considers a different formulation of price plans in which firms choose a deterministic price sequence.”