NEUROSCIENCE

Modeling and Measuring Costs of Learning

ABSTRACT

Theoretical and experimental research is ongoing on models of imperfect perception and how it is impacted by the incentive to learn. The project provides new characterizations of the standard model of rational behavior, and will be used to explore context dependent costs of learning as well as to investigate behavioral limitations of the standard model. This work is joint with Mark Dean of Brown and Daniel Martin of the Paris School of Economics.