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We present a model of intuitive inference, called "local thinking," in which an agent combines data received from the external world with information retrieved from memory to evaluate a hypothesis. In this model, selected and limited recall of information follows a version of the... Full description

1st Person: Gennaioli, Nicola
Additional Persons: Shleifer, Andrei verfasserin
Source: in The quarterly journal of economics Vol. 125, No. 4 (2010), p. 1399-1433
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Type of Publication: Article
Language: English
Published: 2010
Keywords: research-article
Online: Volltext
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