Travel time variability and rational inattention
Publikation: Working paper › Forskning
This paper sets up a rational inattention model for the choice of departure time for a traveler facing random travel time. The traveler chooses how much information to acquire about the travel time out-come before choosing departure time. This reduces the cost of travel time variability compared to models in which the information is exogenously fixed.
Originalsprog | Engelsk |
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Antal sider | 25 |
Status | Udgivet - 2017 |
Navn | University of Copenhagen. Institute of Economics. Discussion Papers (Online) |
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Nummer | 17-21 |
ISSN | 1601-2461 |
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Forskningsområder
ID: 190435380