Video

Conference on Rational Inattention

The Becker Friedman Institute Conference on Rational Inattention brought together researchers working on rational inattention and related topics, across fields in economics (including microeconomic theory, decision theory, experimental economics, macroeconomics, game theory, and finance).

Attendance to this conference was by invitation only. Please contact bfi-events@uchicago.edu if you have any questions.

Agenda

Friday, March 31, 2023
08:30:00–09:30:00

Breakfast

6th Floor Lounge

09:30:00–10:30:00

The Costly Wisdom of Inattentive Crowds

Alex Bloedel, University of California, Los Angeles (Co-author)

Ilya Segal, Stanford University (Presenter)

10:30:00–10:45:00

Break

AM Snacks served

10:45:00–11:45:00

Engagement Maximization

Benjamin Hébert, Stanford University (Co-author)

Weijie Zhong, Stanford University (Presenter)

11:45:00–13:15:00

Lunch

Room 602

13:15:00–14:15:00

Rationally Inattentive Statistical Discrimination: Arrow meets Phelps

Federico Echenique, University of California, Berkeley (Co-author)

Anqi Li, Virginia Polytechnic and State University (Presenter)

14:15:00–14:30:00

Break

14:30:00–15:30:00

Rational Inattention and the Business Cycle Effects of Productivity and News Shocks

Bartosz Mackowiak, European Central Bank (Presenter)

Mirko Wiederholt, LMU Munich (Co-author)

15:30:00–15:45:00

Break

PM snacks served

15:45:00–17:00:00

Rational Inattention: State of Literature and Future Directions

Emir Kamenica, University of Chicago

John Leahy, University of Michigan

Chris Sims, Princeton University

18:00:00

Conference Dinner

Sepia – 123 N Jefferson St, Chicago, IL 60661

Saturday, April 1, 2023
08:30:00–09:30:00

Breakfast

6th Floor Lounge
09:30:00–10:30:00

Experimental Tests of Rational Inattention

Mark Dean, Columbia University (Co-author)

Nathaniel Neligh, University of Tennessee, Knoxville (Presenter)

10:30:00–10:45:00

Break

AM snacks served
10:45:00–11:45:00

Comparing Incomplete Information and Rational Inattention in Games

Tommaso Denti, Cornell University (Presenter)

Doron Ravid, University of Chicago (Co-author)

11:45:00–13:15:00

Lunch

Room 602

13:15:00–14:15:00

Rational Inattention via Ignorance Equivalence

Roc Armenter, Federal Reserve Bank of Philadelphia (Co-author)

Michèle Müller-Itten, University of Notre Dame (Presenter)

Zachary Stangebye, University of Notre Dame (Co-author)

14:15:00–14:30:00

Break

14:30:00–15:30:00

Rational Inattention in Matching Markets

Stefan Bucher, Max Planck Institute (Presenter)

Andrew Caplin, New York University (Co-author)

15:30:00–15:45:00

Break

PM snacks served
15:45:00–16:45:00

Knowing your Lemon before you Dump It

Alessandro Pavan, Northwestern University (Presenter)

Jean Tirole, Toulouse School of Economics (Co-author)

16:45:00

Conference Concludes