Psychology

Rationally Inattentive Intertemporal Choice

S. J. Gershman and R. Bhui

This innovative research by Samuel J. Gershman and Rahul Bhui challenges the conventional perspective of temporal discounting, revealing that it stems from internal uncertainty in value assessments of the future. The study leverages rational inattention principles to optimize mental effort allocation, offering fresh insights into intertemporal choices through extensive data analysis and experimental work.