Strategic Interaction with Limited Memory: A Theoretical Approach (2018-2022)

Limited memory is a salient form of cognitive constraints penetrating economic interactions. This project aims to propose a theoretical framework that would allow economists to explore and uncover the behavioural and welfare effects of memory constraints. By bringing cognitive constraints into the existing paradigm, this project is expected to enhance economists¿ capacity to inform government on the appropriate measures to achieve the best possible economic outcomes.