Attention Economy

What is Attention EconomyThe treatment of human attention as a limited commodity and the application of economic theory to the resolution of a variety of information management issues are the two main components of the attention economics approach to the management of information. This is what Matthew Crawford has to say about attention: 'Attention is a resource-a person has only so much of it.' This concept is expanded upon by Thomas H. Davenport and John C. Beck, who state that attention is defined as the mental engagement that is focused on a specific piece of information. We become aware of certain things, we focus our attention on a specific set of things, and then we decide whether or not to take action.How you will benefit(I) Insights, and validations about the following topics:Chapter 1: Attention economyChapter 2: EconomicsChapter 3: Ronald CoaseChapter 4: Environmental economicsChapter 5: Free-rider problemChapter 6: ExternalityChapter 7: Market failureChapter 8: The Nature of the FirmChapter 9: Index of economics articlesChapter 10: Transaction costChapter 11: Behavioral economicsChapter 12: Law and economicsChapter 13: Coase theoremChapter 14: Pigouvian taxChapter 15: Information overloadChapter 16: Theory of the firmChapter 17: Armen AlchianChapter 18: New institutional economicsChapter 19: Property rights (economics)Chapter 20: Digital marketingChapter 21: Willingness to accept(II) Answering the public top questions about attention economy.(III) Real world examples for the usage of attention economy in many fields.Who will benefitProfessionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of attention economy.