Citation:
HUANG Chunchun. Attention Allocation and Economic Decision-making—— Comment and Discussion on Attention Economics[J]. Academic Monthly, 2024, 56(2): 94-102.
Attention Allocation and Economic Decision-making—— Comment and Discussion on Attention Economics
-
Abstract
Over the last two decades,attention economics has emerged as a novel subfield within the realm of economics.Attention economics results from interdisciplinary research encompassing economics,cognitive psychology,and neuroscience.Its primary focus lies in examining the process and nature of individual decision-making.It posits that this process fundamentally entails gathering,processing,and interpreting information within the brain.Faced with copious information and diverse uncertain constraints alongside constrained cognitive resources,the brain employs attention allocation to sift through and prioritize information,thereby disregarding extraneous data.Through the processing of the filtered information,individuals develop their rational and preference structure,which subsequently shapes their behavior and ensuing outcomes.Attention economics has opened up the black box of individual decision-making,representing a substantial advancement within the framework of limited rationality hypothesis and social preference theory.It provides a more microscopic scientific-theoretical underpinning for contemporary behavioral economics,and by extension,economics as a whole.
-
-
References
-
Access
-
-
[1]
YANG Dachun
. The Problem of Finitude of Man in the Process of Modernity—— Based on the Perspective of French Phenomenology. Academic Monthly,
2024, 56(1): 24-32.
-
[2]
. . Academic Monthly,
2016, 48(08): 5-15.
-
[3]
. . Academic Monthly,
2016, 48(07): 5-19.
-
[4]
. . Academic Monthly,
2016, 48(06): 76-84.
-
[5]
Jijun TANG
. The Evolution and Behavioral Turn of Development Economics and Its Contemporary Implications. Academic Monthly,
2021, 53(11): 49-59.
-
[6]
Ye’an ZHOU
, Haiyan ZHANG
. The Evolution of Behavioral Economics over Half a Century: The Historical Trajectory of Paradigm Shift. Academic Monthly,
2023, 55(4): 91-99.
-
[7]
ZHOU Ye’an
. . Academic Monthly,
2018, 50(8): 33-41.
-
[8]
CHEN Zhuo
. . Academic Monthly,
2018, 50(8): 42-52.
-
[9]
,
. . Academic Monthly,
2017, 49(06): 178-184.
-
[10]
Ming CHEN
. Introduction to Political Economy of China’s Rural Modernization. Academic Monthly,
2021, 53(9): 72-84.
-
[11]
. . Academic Monthly,
2017, 49(08): 80-87.
-
[12]
Zhiping HU
. Political Economy of the Change of Rural Public Service Supply in China: Development Stage and Government Behavior Framework. Academic Monthly,
2019, 51(6): 53-63.
-
[13]
Jiaxin ZHOU
. Critical Economics and Philosophy of Praxis. Academic Monthly,
2019, 51(3): 17-25.
-
[14]
Chusheng YE
, Zhaoke REN
. The Network Analysis in Economics and the Economic Research of the Network. Academic Monthly,
2019, 51(5): 39-46, 38.
-
[15]
Defeng WANG
, Minqi ZHANG
. On the Non-Historical Nature of Economics. Academic Monthly,
2021, 53(7): 22-35.
-
[16]
Shuguang ZHANG
, Chi ZHANG
. Institution Economics of the Right. Academic Monthly,
2020, 52(1): 40-51, 83.
-
[17]
Ye’an ZHOU
. Is Economics Seeking a New Micro Basis. Academic Monthly,
2020, 52(12): 30-41.
-
[18]
ZHANG Lingyan
. Hu Shi:An “Actual yet Unentitled” Explorer in Modern Chinese Hermeneutics. Academic Monthly,
2024, 56(3): 165-173.
-
[19]
Xudong CHEN
, Lin CHENG
. Inheritance and Innovation of Traditional Chinese Economic Thought and the Construction of Chinese Economics in New Era. Academic Monthly,
2023, 55(1): 56-68.
-
[20]
Yibing ZHANG
, Fugong ZHANG
, Weiyu KONG
, Ting WU
. Economic Discourse and the Formation of Historical Materialism (Symposium). Academic Monthly,
2022, 54(6): 5-10.
-
-
沪公网安备 31010102003103号
DownLoad: