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Competing for attention : is the showiest also the best?
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dc.contributor.author | Manzini, Paola | |
dc.contributor.author | Mariotti, Marco | |
dc.date.accessioned | 2019-04-25T23:44:22Z | |
dc.date.available | 2019-04-25T23:44:22Z | |
dc.date.issued | 2018-03-01 | |
dc.identifier | 242478337 | |
dc.identifier | e8fdfe0a-25b2-4f64-a3b8-fbd92e42f193 | |
dc.identifier | 85018318504 | |
dc.identifier | 000426526700012 | |
dc.identifier.citation | Manzini , P & Mariotti , M 2018 , ' Competing for attention : is the showiest also the best? ' , The Economic Journal , vol. 128 , no. 609 , pp. 827-844 . https://doi.org/10.1111/ecoj.12425 | en |
dc.identifier.issn | 0013-0133 | |
dc.identifier.uri | https://hdl.handle.net/10023/17590 | |
dc.description | Financial support from ESRC grant RES-000-22-3474 is gratefully acknowledged | en |
dc.description.abstract | There are many situations in which alternatives ranked by quality wish to be chosen and compete for the imperfect attention of a chooser by selecting their own salience. The chooser may be "tricked" into choosing more salient but inferior alternatives. We investigate when competitive forces ensure instead that (strictly) higher salience is diagnostic of (strictly) higher quality, and the most frequently chosen alternative is the best one. We prove that the structure of externalities in the technology of salience is key. Broadly speaking, positive externalities in salience favour correlation between quality and salience. | |
dc.format.extent | 332897 | |
dc.language.iso | eng | |
dc.relation.ispartof | The Economic Journal | en |
dc.subject | HB Economic Theory | en |
dc.subject | T-NDAS | en |
dc.subject | BDC | en |
dc.subject | R2C | en |
dc.subject.lcc | HB | en |
dc.title | Competing for attention : is the showiest also the best? | en |
dc.type | Journal article | en |
dc.contributor.sponsor | Economic & Social Research Council | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | https://doi.org/10.1111/ecoj.12425 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2019-04-26 | |
dc.identifier.grantnumber | RES-000-22-3474 | en |
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