Travel time variability and rational inattention

Publikation: Working paperForskning

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.
Antal sider25
StatusUdgivet - 2017
NavnUniversity of Copenhagen. Institute of Economics. Discussion Papers (Online)

ID: 190435380