A Note on the Numerical Solution of Rational Inattention Models Where Distributions are Not Jointly Normal
affiliation not provided to SSRN
May 12, 2011
This note provides an algorithm based on the rate-distortion literature that numerically solves a wide class of rational inattention models.
Number of Pages in PDF File: 1
Keywords: Rational inattention, rate distortion, information theory
JEL Classification: E00working papers series
Date posted: May 14, 2011
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