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Experimental Testing of Intrinsic Preferences for NonInstrumental Information

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  • Kfir Eliaz
  • Andrew Schotter

Abstract

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Suggested Citation

  • Kfir Eliaz & Andrew Schotter, 2007. "Experimental Testing of Intrinsic Preferences for NonInstrumental Information," American Economic Review, American Economic Association, vol. 97(2), pages 166-169, May.
  • Handle: RePEc:aea:aecrev:v:97:y:2007:i:2:p:166-169
    Note: DOI: 10.1257/aer.97.2.166
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    Citations

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    Cited by:

    1. Friehe, Tim & Pannenberg, Markus, 2021. "Time preferences and overconfident beliefs: Evidence from germany," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 92(C).
    2. Florian Zimmermann, 2015. "Clumped or Piecewise? Evidence on Preferences for Information," Management Science, INFORMS, vol. 61(4), pages 740-753, April.
    3. van Winden, Frans & Krawczyk, Michal & Hopfensitz, Astrid, 2011. "Investment, resolution of risk, and the role of affect," Journal of Economic Psychology, Elsevier, vol. 32(6), pages 918-939.
    4. Nielsen, Kirby, 2020. "Preferences for the resolution of uncertainty and the timing of information," Journal of Economic Theory, Elsevier, vol. 189(C).
    5. Chen, Yan & He, YingHua, 2021. "Information acquisition and provision in school choice: An experimental study," Journal of Economic Theory, Elsevier, vol. 197(C).
    6. Lane, Tom, 2022. "Intrinsic preferences for unhappy news," Journal of Economic Behavior & Organization, Elsevier, vol. 202(C), pages 119-130.
    7. Hans-Martin von Gaudecker & Arthur van Soest & Erik Wengstrom, 2011. "Heterogeneity in Risky Choice Behavior in a Broad Population," American Economic Review, American Economic Association, vol. 101(2), pages 664-694, April.
    8. Thomas Epper & Helga Fehr-Duda, 2012. "The missing link: unifying risk taking and time discounting," ECON - Working Papers 096, Department of Economics - University of Zurich, revised Oct 2018.
    9. Fath, Sean & Larrick, Richard P. & Soll, Jack B., 2022. "Blinding curiosity: Exploring preferences for “blinding” one’s own judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 170(C).
    10. Bhanot, Syon P., 2021. "Isolating the effect of injunctive norms on conservation behavior: New evidence from a field experiment in California," Organizational Behavior and Human Decision Processes, Elsevier, vol. 163(C), pages 30-42.
    11. Eliaz, Kfir & Schotter, Andrew, 2010. "Paying for confidence: An experimental study of the demand for non-instrumental information," Games and Economic Behavior, Elsevier, vol. 70(2), pages 304-324, November.
    12. Fels, Markus, 2015. "On the value of information: Why people reject medical tests," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 56(C), pages 1-12.
    13. Ananda Ganguly & Joshua Tasoff, 2017. "Fantasy and Dread: The Demand for Information and the Consumption Utility of the Future," Management Science, INFORMS, vol. 63(12), pages 4037-4060, December.
    14. Bogaçhan Çelen & Kyle Hyndman, 2012. "Social Learning Through Endogenous Information Acquisition: An Experiment," Management Science, INFORMS, vol. 58(8), pages 1525-1548, August.
    15. Meerza, Syed Imran Ali & Yiannaka, Emie & Gustafson, Christopher & Brooks, Kate, 2019. "Informing the (Willfully) Uninformed," Cornhusker Economics 307116, University of Nebraska-Lincoln, Department of Agricultural Economics.

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