Path Analysis on How Attention Impacts Investment Decision Making

摘要

Attention bottleneck exerts double restraints on information set in the course of the information receiving. As a kind of subjective resource, attention determines the condition of information set which leads to decision-making expectation deviation and fuzzy condition in action and status space. This further influences his economic behaviors. Attention has become a key link in the decision-making chain from information to attention to decision-making and then to new information. The author analyzes why and how attention influences economic behaviors by using the set theory under the framework of decision-making. The paper discusses the relationship between attention and economic behaviors from the angles " attention dark box " in the course of information of normal and practice in order to discover the receiving.