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ModelMisspec develops a framework to understand how biases in interpreting information affect decision-making in economics. It combines theoretical and empirical methods to analyze the implications of these biases in various applications, including pricing, learning, and reputation.
Differences in how individuals interpret the same information have proven to play an important role in societal decision making.
Yet, most economic models assume individuals not only interpret information correctly but fundamentally agree on how information should be interpreted.
In ModelMisspec, I will develop a unified framework that links two approaches to modeling information processing biases. I plan to (i) develop a unified framework to model information processing biases, (ii) develop too…
AALTO KORKEAKOULUSAATIO SR
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