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Related papers: Attention Overload

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We develop an equilibrium theory of attention and politics. In a spatial model of electoral competition where candidates have varying policy preferences, we examine what kinds of political behaviors capture voters' limited attention and how…

General Economics · Economics 2019-01-23 Li Hu , Anqi Li

In our modern society, people are daily confronted with an increasing amount of information of any kind. As a consequence, the attention capacities and processing abilities of individuals often saturate. People, therefore, have to select…

Physics and Society · Physics 2010-02-23 Mehdi Moussaid , Dirk Helbing , Guy Theraulaz

We provide sufficient conditions for semi-nonparametric point identification of a mixture model of decision making under risk, when agents make choices in multiple lines of insurance coverage (contexts) by purchasing a bundle. As a first…

Econometrics · Economics 2023-07-19 Levon Barseghyan , Francesca Molinari

We propose a robust method of discrete choice analysis when agents' choice sets are unobserved. Our core model assumes nothing about agents' choice sets apart from their minimum size. Importantly, it leaves unrestricted the dependence,…

Econometrics · Economics 2021-02-11 Levon Barseghyan , Maura Coughlin , Francesca Molinari , Joshua C. Teitelbaum

How objective and unbiased are we while making decisions? This work investigates cognitive bias identification in high-stake decision making process by human experts, questioning its effectiveness in real-world settings, such as candidates…

Computation and Language · Computer Science 2024-11-15 Junhua Liu , Kwan Hui Lim , Roy Ka-Wei Lee

We develop a general model of discrete choice that incorporates peer effects in preferences and consideration sets. We characterize the equilibrium behavior and establish conditions under which all parts of the model can be recovered from a…

General Economics · Economics 2026-02-05 Nail Kashaev , Natalia Lazzati , Ruli Xiao

Learning an ordering of items based on pairwise comparisons is useful when items are difficult to rate consistently on an absolute scale, for example, when annotators have to make subjective assessments. When exhaustive comparison is…

Machine Learning · Computer Science 2024-10-29 Herman Bergström , Emil Carlsson , Devdatt Dubhashi , Fredrik D. Johansson

The allocation of limited resources to a large number of potential candidates presents a pervasive challenge. In the context of ranking and selecting top candidates from heteroscedastic units, conventional methods often result in…

Methodology · Statistics 2023-06-16 Bowen Gang , Luella Fu , Gareth James , Wenguang Sun

In a consideration set model, an individual maximizes utility among the considered alternatives. I relate a consideration set additive random utility model to classic discrete choice and the extended additive random utility model, in which…

Econometrics · Economics 2024-05-24 Roy Allen

This paper develops a class of potential outcomes models characterized by three main features: (i) Unobserved heterogeneity can be represented by a vector of potential outcomes and a type describing the manner in which an instrument…

Econometrics · Economics 2023-10-10 Manu Navjeevan , Rodrigo Pinto , Andres Santos

I propose a treatment selection model that introduces unobserved heterogeneity in both choice sets and preferences to evaluate the average effects of a program offer. I show how to exploit the model structure to define parameters capturing…

Econometrics · Economics 2023-09-01 Vishal Kamat

Preference Inference involves inferring additional user preferences from elicited or observed preferences, based on assumptions regarding the form of the user's preference relation. In this paper we consider a situation in which…

Logic in Computer Science · Computer Science 2024-09-18 Nic Wilson , Anne-Marie George , Barry O'Sullivan

Travel decisions tend to exhibit sensitivity to uncertainty and information processing constraints. These behavioural conditions can be characterized by a generative learning process. We propose a data-driven generative model version of…

Econometrics · Economics 2019-07-29 Melvin Wong , Bilal Farooq

Using results from neurobiology on perceptual decision making and value-based decision making, the problem of decision making between lotteries is reformulated in an abstract space where uncertain prospects are mapped to corresponding…

Neurons and Cognition · Quantitative Biology 2020-01-03 Adnan Rebei

Can stated preferences inform counterfactual analyses of actual choice? This research proposes a novel approach to researchers who have access to both stated choices in hypothetical scenarios and actual choices, matched or unmatched. The…

Econometrics · Economics 2025-11-18 Romuald Meango , Marc Henry , Ismael Mourifie

Choice models predict which items users choose from presented options. In recommendation settings, they can infer user preferences while countering exposure bias. In contrast with traditional univariate recommendation models, choice models…

Information Retrieval · Computer Science 2025-07-29 Thorsten Krause , Harrie Oosterhuis

In this review, we present econometric and statistical methods for analyzing randomized experiments. For basic experiments we stress randomization-based inference as opposed to sampling-based inference. In randomization-based inference,…

Methodology · Statistics 2017-10-26 Susan Athey , Guido Imbens

We show that many bounded rationality patterns of choice can be alternatively represented as testable models of limited consideration, and we elicit the features of the associated unobserved consideration sets from the observed choice.…

Theoretical Economics · Economics 2024-03-08 Davide Carpentiere , Angelo Petralia

A user can be represented as what he/she does along the history. A common way to deal with the user modeling problem is to manually extract all kinds of aggregated features over the heterogeneous behaviors, which may fail to fully represent…

Artificial Intelligence · Computer Science 2017-11-28 Chang Zhou , Jinze Bai , Junshuai Song , Xiaofei Liu , Zhengchao Zhao , Xiusi Chen , Jun Gao

In this paper we model the problem of learning preferences of a population as an active learning problem. We propose an algorithm can adaptively choose pairs of items to show to users coming from a heterogeneous population, and use the…

Machine Learning · Statistics 2016-06-23 Aniruddha Bhargava , Ravi Ganti , Robert Nowak