PLANNED VS. ACTUAL ATTENTION

33 Pages Posted: 29 Apr 2021

See all articles by Ala Avoyan

Ala Avoyan

Indiana University

Mauricio Ribeiro

affiliation not provided to SSRN

Andrew Schotter

New York University (NYU) - Department of Economics

Elizabeth R. Schotter

University of South Florida

Mehrdad Vaziri

University of South Florida

Minghao Zou

affiliation not provided to SSRN

Date Written: April 28, 2021

Abstract

When time is scarce, we need to plan how to allocate our attention across decision tasks. To study this problem, we present subjects with pairs of games between which they have to allocate a fixed amount of decision time (attention). We then let subjects play each pair of games without time constraint and use eye-tracking to measure how much time subjects spend playing each game in a pair. We find that subjects’ planned and actual attention allocation differ. We identify the determinants of this difference and show that this discrepancy can be payoff relevant in games where choice is time-dependent.

Keywords: C72, C91, C92

JEL Classification: Attention Allocation, Game Theory, Eye Tracking

Suggested Citation

Avoyan, Ala and Ribeiro, Mauricio and Schotter, Andrew and Schotter, Elizabeth R. and Vaziri, Mehrdad and Zou, Minghao, PLANNED VS. ACTUAL ATTENTION (April 28, 2021). Available at SSRN: https://ssrn.com/abstract=3836157 or http://dx.doi.org/10.2139/ssrn.3836157

Ala Avoyan (Contact Author)

Indiana University ( email )

Bloomington, IN
United States

Mauricio Ribeiro

affiliation not provided to SSRN

Andrew Schotter

New York University (NYU) - Department of Economics ( email )

269 Mercer Street, 7th Floor
New York, NY 10011
United States
212-998-8909 (Phone)
212-995-4186 (Fax)

Elizabeth R. Schotter

University of South Florida ( email )

Tampa, FL 33620
United States

Mehrdad Vaziri

University of South Florida ( email )

Tampa, FL 33620
United States

Minghao Zou

affiliation not provided to SSRN

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
24
Abstract Views
122
PlumX Metrics