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econ.TH2025
Price-Based Attention and Welfare
Kaushil Patel
To choose between two discrete goods, a consumer pays attention to only those with prices below a threshold. From these, she chooses her most preferred good. We assume consumers in…
econ.TH2024
Identifying Heterogeneous Decision Rules From Choices When Menus Are Unobserved
Larry G Epstein, Kaushil Patel
Given only aggregate choice data and limited information about how menus are distributed across the population, we describe what can be inferred robustly about the distribution of…