Optimal menu when agents make mistakes
(2023)
Journal Article
Mikhalishchev, S. (2023). Optimal menu when agents make mistakes. Research in Economics, 77(1), 25-33. https://doi.org/10.1016/j.rie.2022.12.001
This paper studies how an optimal menu chosen by a social planner depends on whether agents receive imperfect signals about their true tastes (imperfect self-knowledge) or the properties of available alternatives (imperfect information). Under imperf... Read More about Optimal menu when agents make mistakes.