CORDIS Project
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This project explores how cognitive limitations affect public policy formation. It applies the theory of rational inattention to understand how individuals process information, influencing tax codes, government actions, and voter behavior.
This proposal outlines agenda which aims to improve our understanding of policies in environments with cognitively limited agents.
It seeks to extend and apply the theory of rational inattention developed in macroeconomics.
Citizens are inattentive to details of tax codes, government bureaucrats cannot inspect all data about people in need, and voters are highly uninformed about politicians’ campaign platforms.
The agenda is specifically targeted at applications where human inability to digest a…
NARODOHOSPODARSKY USTAV AKADEMIE VED CESKE REPUBLIKY VEREJNA VYZKUMNA INSTITUCE
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