Obfuscation and Rational Inattention

Obfuscation and Rational Inattention

We study the behavior of duopolistic firms that can obfuscate their prices before competing on price. Obfuscation affects the rational inattentive consumers' optimal information strategy, which determines the probabilistic demand. Our model advances related models by allowing consumers to updat...

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Bibliographic Details
Main Authors: JANSSEN, Aljoscha, KASINGER, Johannes
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
Rational Inattention
Obfuscation
Price Competition
Digitalized Markets
Economic Theory
Industrial Organization
Online Access:https://ink.library.smu.edu.sg/soe_research/2704
https://ink.library.smu.edu.sg/context/soe_research/article/3703/viewcontent/Obfuscation_RR_sv.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2704
https://ink.library.smu.edu.sg/context/soe_research/article/3703/viewcontent/Obfuscation_RR_sv.pdf

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