Lehrstuhl für Wirtschaftstheorie

The Role of Memory in Search and Choice

  • Datum:

    Jun 13th, 2019

  • Autoren:

    University of Alicante

  • Referent:

    Adam Sanjurjo

  • Abstract:

    I introduce a simple model of memory load in multiple attribute search and prove which types of search behavior require the least amount of memory load. The model is easily implementable and tracks choice error rates in the lab. The results on minimum memory load search can be used to explain a variety of empirical patterns, and have important implications for modeling search behavior and performing choice welfare analysis.

  • Ort:

    building 01.87/

    room 5.25