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CALSCALE:GREGORIAN
X-WR-CALNAME:Economics Seminar Series with Tommaso Denti\, Leonard N. Stern
  School of Business\, New York University
X-WR-TIMEZONE:Eastern Time (US & Canada)
BEGIN:VEVENT
DTSTAMP:20261017T121557Z
UID:tag:localist.com\,2008:EventInstance_50753395357192
DTSTART:20250925T154500Z
DTEND:20250925T170000Z
DESCRIPTION:Tommaso Denti\, Leonard N. Stern School of Business\, NYU will 
 be presenting: Modeling Information Acquisition Via F-Divergence and Duali
 ty.   This seminar will present new theoretical work on flexible informati
 on acquisition\, with a focus on advancing the rational inattention litera
 ture beyond the limitations of entropy-based models. While traditional app
 roaches quantify information costs using mutual information\, offering tra
 ctability but relying on restrictive functional form assumptions\, this pa
 per introduces a novel duality-based framework grounded in f-divergence—
 a more general class of information measures. The approach preserves much 
 of the analytical convenience of the canonical model while allowing for gr
 eater flexibility in characterizing information costs. The seminar will hi
 ghlight how this framework nests existing models\, opens up new comparativ
 e statics\, and broadens the applicability of rational inattention in econ
 omic environments involving decision-making under uncertainty. \n\n \n\nDr
 . Denti’s research interests are in information economics and decision-m
 aking under uncertainty. Motivated by the challenges and opportunities of 
 the digital economy\, his work seeks to understand how economic agents acq
 uire\, process\, and use information in complex environments. Two recent p
 apers investigate models of "rational inattention" in strategic settings\;
  applications include labor market discrimination\, online advertising\, a
 nd communication.
GEO:40.422887;-86.910487
LOCATION:Jerry S. Rawls Hall\, 2058
SUMMARY:Economics Seminar Series with Tommaso Denti\, Leonard N. Stern Scho
 ol of Business\, New York University
URL;VALUE=URI:https://events.purdue.edu/event/economics-seminar-series-with
 -tommaso-denti-leonard-n-stern-school-of-business-new-york-university
CATEGORIES:Lecture/talk
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