Attention in games: An experimental study

Ala Avoyan, Andrew Schotter

    Research output: Contribution to journalArticle

    Abstract

    A common assumption in game theory is that players concentrate on one game at a time. However, in everyday life, we play many games and make many decisions at the same time and have to decide how best to divide our limited attention across these settings. In this paper we ask how players solve this attention-allocation problem. We find that players’ attention is attracted to particular features of the games they play and how much attention a subject gives to a given game depends on the other game that the person is simultaneously attending to.

    Original languageEnglish (US)
    Article number103410
    JournalEuropean Economic Review
    Volume124
    DOIs
    StatePublished - May 2020

    Keywords

    • Attention allocation
    • Bounded rationality
    • Inattention
    • Interrelated games

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

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