Decoding Decision-Making: How 'Attention Span' Changes What We Choose
"Unlock the secrets of limited attention and its surprising impact on your everyday choices, revealing hidden preferences and smarter decision strategies."
We make countless choices every day, from the mundane (coffee or tea?) to the significant (new job or stay put?). Traditional economics assumes we carefully weigh all options, but reality is far messier. We're bombarded with information, our attention is limited, and that affects what we ultimately choose.
Enter the world of 'limited attention' models. These try to capture how we actually make decisions when we can't possibly consider everything. Many of these models rely on seeing how our choices change when the available options ('menus') change. But what if the menu stays the same? Can we still figure out our real preferences?
That's where the 'Random Attention Span' (RAS) model comes in. This new model identifies hidden preferences by looking at how long we spend making a decision, all without needing to change the available options. It opens up exciting possibilities for understanding our choices in the real world, especially online where our browsing time is tracked.
How Does the 'Random Attention Span' Model Work?

The RAS model offers a novel way to understand decision-making under limited attention. It works on a few key ideas:
- Limited Attention: People don't always see all available options.
- Time Matters: How long we spend deciding reveals what we're considering.
- Stable Preferences: Our underlying likes and dislikes don't change in the moment.
- 'Time Monotonicity': The longer we spend deciding, the more options we're likely to have considered (we don't forget what we've already seen).
Why This Matters: Making Smarter Choices
The RAS model gives us a new lens to understand why we choose what we do. By understanding how our attention span affects our decisions, we can start to make smarter choices. This could mean designing online environments that help us see all our options, or simply being more aware of how our own attention wanders when faced with a decision. Whether you're a marketer trying to understand consumer behavior or an individual trying to make better choices, the RAS model offers valuable insights into the hidden world of decision-making.