CORDIS Project
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This project investigates how individuals form simplified mental models for decision-making, aiming to enhance understanding of economic behavior. It also explores optimal government intervention in markets and seeks to improve decision-making in healthcare by analyzing attention allocation among medical personnel.
This proposal outlines an agenda that aims to improve our understanding of economies with inattentive agents.
Attention to detail, not only to current news, but also to how the world works in general, is central to how we interact with the environment.
In the first part of the agenda, we will study how agents come up with the simplified mental models they use in their decision-making.
The aim is to provide a new alternative to rational expectations.
We will address the question of endogenous mod…
NARODOHOSPODARSKY USTAV AKADEMIE VED CESKE REPUBLIKY VEREJNA VYZKUMNA INSTITUCE
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