There’s mixed evidence for whether poverty “causes” individuals to exhibit more behavioral biases. This project aims to explore this hypothesis in the context of inattention. Does poverty cause individuals to have a lower stock of attention, and therefore acts like a “bandwidth tax”. Or do people just redirect their attention when they are poor, making a lack of attention consistent with rational inattention models? This project seeks to provide some evidence for these competing hypotheses.
Copyright 2020. All Rights Reserved
Design & Dev by Wonderland Collective