Information Avoidance
Author
Abstract
Suggested Citation
Note: DOI: 10.1257/jel.20151245
Download full text from publisher
References listed on IDEAS
- Anders Poulsen & Michael Roos, 2010.
"Do people make strategic commitments? Experimental evidence on strategic information avoidance,"
Experimental Economics, Springer;Economic Science Association, vol. 13(2), pages 206-225, June.
- Anders U. Poulsen & Michael W. M. Roos, 2009. "Do people make strategic commitments? Experimental evidence on strategic information avoidance," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 09-01, School of Economics, University of East Anglia, Norwich, UK..
- Anders Poulsen & Michael Roos, 2010. "Do People Make Strategic Commitments? Experimental Evidence on Strategic Information Avoidance," University of East Anglia Applied and Financial Economics Working Paper Series 007, School of Economics, University of East Anglia, Norwich, UK..
- Emily Oster & Ira Shoulson & E. Ray Dorsey, 2013.
"Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease,"
American Economic Review, American Economic Association, vol. 103(2), pages 804-830, April.
- Emily Oster & Ira Shoulson & E. Ray Dorsey, 2011. "Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease," NBER Working Papers 17629, National Bureau of Economic Research, Inc.
- Nyborg, Karine, 2011.
"I don't want to hear about it: Rational ignorance among duty-oriented consumers,"
Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 263-274, August.
- Nyborg, Karine, 2008. "I Don't Want to Hear About it: Rational Ignorance among Duty-Oriented Consumers," Memorandum 15/2008, Oslo University, Department of Economics.
- Andrea Prat, 2005.
"The Wrong Kind of Transparency,"
American Economic Review, American Economic Association, vol. 95(3), pages 862-877, June.
- Andrea Prat, 2002. "The Wrong Kind of Transparency," STICERD - Theoretical Economics Paper Series 439, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Prat, Andrea, 2002. "The wrong kind of transparency," LSE Research Online Documents on Economics 3679, London School of Economics and Political Science, LSE Library.
- Prat, Andrea, 2004. "The wrong kind of transparency," LSE Research Online Documents on Economics 24712, London School of Economics and Political Science, LSE Library.
- Prat, Andrea, 2003. "The Wrong Kind of Transparency," CEPR Discussion Papers 3859, C.E.P.R. Discussion Papers.
- William P. Rogerson, 1992. "Contractual Solutions to the Hold-Up Problem," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(4), pages 777-793.
- Arthur Snow, 2010. "Ambiguity and the value of information," Journal of Risk and Uncertainty, Springer, vol. 40(2), pages 133-145, April.
- Jean-Pierre Ponssard, 1976.
"On the Concept of the Value of Information in Competitive Situations,"
Management Science, INFORMS, vol. 22(7), pages 739-747, March.
- Jean-Pierre Ponssard, 1976. "On the Concept of the Value of Information in Competitive Situations," Post-Print hal-00365726, HAL.
- Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-824, December.
- James M. Sallee, 2014.
"Rational Inattention and Energy Efficiency,"
Journal of Law and Economics, University of Chicago Press, vol. 57(3), pages 781-820.
- James M. Sallee, 2013. "Rational Inattention and Energy Efficiency," NBER Working Papers 19545, National Bureau of Economic Research, Inc.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009.
"Varieties of Crises and Their Dates,"
Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly,
Princeton University Press.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "This Time Is Different: Eight Centuries of Financial Folly," Economics Books, Princeton University Press, edition 1, volume 1, number 8973.
- Reinhart, Carmen, 2009. "The Second Great Contraction," MPRA Paper 21485, University Library of Munich, Germany.
- Edward P. Lazear & Ulrike Malmendier & Roberto A. Weber, 2012. "Sorting in Experiments with Application to Social Preferences," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 136-163, January.
- Daniel Krähmer & Rebecca Stone, 2013. "Anticipated regret as an explanation of uncertainty aversion," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 709-728, March.
- Tomasz Strzalecki, 2013.
"Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion,"
Econometrica, Econometric Society, vol. 81(3), pages 1039-1074, May.
- Tomasz Strzalecki, "undated". "Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion," Working Paper 8240, Harvard University OpenScholar.
- Strzalecki, Tomasz, 2013. "Temporal Resolution of Uncertainty and Recursive Models of Ambiguity Aversion," Scholarly Articles 12967691, Harvard University Department of Economics.
- Thomas R. Palfrey, 1982. "Risk Advantages and Information Acquisition," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 219-224, Spring.
- Gui,Benedetto & Sugden,Robert (ed.), 2005. "Economics and Social Interaction," Cambridge Books, Cambridge University Press, number 9780521848848, May.
- Paharia, Neeru & Vohs, Kathleen D. & Deshpandé, Rohit, 2013. "Sweatshop labor is wrong unless the shoes are cute: Cognition can both help and hurt moral motivated reasoning," Organizational Behavior and Human Decision Processes, Elsevier, vol. 121(1), pages 81-88.
- Nachum Sicherman & George Loewenstein & Duane J. Seppi & Stephen P. Utkus, 2016. "Editor's Choice Financial Attention," The Review of Financial Studies, Society for Financial Studies, vol. 29(4), pages 863-897.
- George Loewenstein & Don Moore & Roberto Weber, 2006. "Misperceiving the value of information in predicting the performance of others," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 281-295, September.
- Florian Zimmermann, 2015. "Clumped or Piecewise? Evidence on Preferences for Information," Management Science, INFORMS, vol. 61(4), pages 740-753, April.
- Emily Oster & Ira Shoulson & E. Ray Dorsey, 2016.
"Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease: Corrigendum,"
American Economic Review, American Economic Association, vol. 106(6), pages 1562-1565, June.
- Emily Oster & Ira Shoulson & E. Ray Dorsey, 2013. "Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease," American Economic Review, American Economic Association, vol. 103(2), pages 804-830, April.
- Loomes, Graham & Sugden, Robert, 1987. "Some implications of a more general form of regret theory," Journal of Economic Theory, Elsevier, vol. 41(2), pages 270-287, April.
- Palacios-Huerta, Ignacio, 1999. "The Aversion to the Sequential Resolution of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 18(3), pages 249-269, October.
- Schmidt, Klaus M, 1996.
"The Costs and Benefits of Privatization: An Incomplete Contracts Approach,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 12(1), pages 1-24, April.
- Schmidt, Klaus M., 1996. "The costs and benefits of privatization: An incomplete contracts approach," Munich Reprints in Economics 19773, University of Munich, Department of Economics.
- Randolph Sloof & Hessel Oosterbeek & Joep Sonnemans, 2007. "Does Making Specific Investments Unobservable Boost Investment Incentives?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(4), pages 911-942, December.
- van Damme, Eric, 1989.
"Stable equilibria and forward induction,"
Journal of Economic Theory, Elsevier, vol. 48(2), pages 476-496, August.
- van Damme, E.E.C., 1989. "Stable equilibria and forward induction," Other publications TiSEM bd598a8f-f017-4cab-a9ed-8, Tilburg University, School of Economics and Management.
- van Damme, E.E.C., 1990. "Stable equilibria and forward induction," Other publications TiSEM e4c0a7ec-55b2-474c-8dae-1, Tilburg University, School of Economics and Management.
- Nattavudh Powdthavee & Yohanes E. Riyanto, 2015. "Would you Pay for Transparently Useless Advice? A Test of Boundaries of Beliefs in The Folly of Predictions," The Review of Economics and Statistics, MIT Press, vol. 97(2), pages 257-272, May.
- repec:rnp:ecopol:09111 is not listed on IDEAS
- Tirole, Jean, 1986.
"Procurement and Renegotiation,"
Journal of Political Economy, University of Chicago Press, vol. 94(2), pages 235-259, April.
- Jean Tirole, 1985. "Procurement and Renegotiation," Working papers 362, Massachusetts Institute of Technology (MIT), Department of Economics.
- Loewenstein, George, 1987. "Anticipation and the Valuation of Delayed Consumption," Economic Journal, Royal Economic Society, vol. 97(387), pages 666-684, September.
- Schmidt, Klaus M., 1996.
"Incomplete contracts and privatization,"
European Economic Review, Elsevier, vol. 40(3-5), pages 569-579, April.
- Schmidt, Klaus M., 1996. "Incomplete contracts and privatization," Munich Reprints in Economics 19776, University of Munich, Department of Economics.
- Stephanie Lau, 2008. "Information and bargaining in the hold‐up problem," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 266-282, March.
- Rebecca L. Thornton, 2008. "The Demand for, and Impact of, Learning HIV Status," American Economic Review, American Economic Association, vol. 98(5), pages 1829-1863, December.
- Graham Loomes & Robert Sugden, 1986. "Disappointment and Dynamic Consistency in Choice under Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(2), pages 271-282.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Pagel, Michaela & Olafsson, Arna, 2017.
"The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity,"
CEPR Discussion Papers
12259, C.E.P.R. Discussion Papers.
- Arna Olafsson & Michaela Pagel, 2017. "The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity," NBER Working Papers 23945, National Bureau of Economic Research, Inc.
- 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.
- Armin Falk & Florian Zimmermann, 2016.
"Beliefs and Utility: Experimental Evidence on Preferences for Information,"
CESifo Working Paper Series
6061, CESifo.
- Falk, Armin & Zimmermann, Florian, 2016. "Beliefs and Utility: Experimental Evidence on Preferences for Information," IZA Discussion Papers 10172, Institute of Labor Economics (IZA).
- Patrick W. Schmitz, 2006.
"Information Gathering, Transaction Costs, and the Property Rights Approach,"
American Economic Review, American Economic Association, vol. 96(1), pages 422-434, March.
- Schmitz, Patrick W., 2005. "Information Gathering, Transaction Costs and the Property Rights Approach," CEPR Discussion Papers 5417, C.E.P.R. Discussion Papers.
- Horn, Samantha & Litovsky, Yana & Loewenstein, George, 2024. "Using curiosity to counter health information avoidance," Social Science & Medicine, Elsevier, vol. 340(C).
- Dominguez-Martinez, Silvia & Sloof, Randolph & von Siemens, Ferdinand A., 2014. "Monitored by your friends, not your foes: Strategic ignorance and the delegation of real authority," Games and Economic Behavior, Elsevier, vol. 85(C), pages 289-305.
- Elyès Jouini & Clotilde Napp, 2018. "The Impact of Health-Related Emotions on Belief Formation and Behavior," Theory and Decision, Springer, vol. 84(3), pages 405-427, May.
- Edika Quispe-Torreblanca & John Gathergood & George Loewenstein & Neil Stewart, 2020.
"Attention Utility: Evidence from Individual Investors,"
CESifo Working Paper Series
8091, CESifo.
- Edika Quispe-Torreblanca & John Gathergood & George Loewenstein & Neil Stewart, 2022. "Attention Utility: Evidence From Individual Investors," Discussion Papers 2022-19, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Brice Corgnet & Roberto Hernán González, 2023. "On The Appeal Of Complexity," Working Papers 2312, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Meissner, Thomas & Pfeiffer, Philipp, 2022. "Measuring preferences over the temporal resolution of consumption uncertainty," Journal of Economic Theory, Elsevier, vol. 200(C).
- Schünemann, Johannes & Strulik, Holger & Trimborn, Timo, 2023.
"Anticipation of deteriorating health and information avoidance,"
Journal of Health Economics, Elsevier, vol. 89(C).
- Schünemann, Johannes & Strulik, Holger & Trimborn, Timo, 2019. "Anticipation of Deteriorating Health and Information Avoidance," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203513, Verein für Socialpolitik / German Economic Association.
- Johannes Schünemann & Holger Strulik & Timo Trimborn, 2020. "Anticipation of Deteriorating Health and Information Avoidance," Economics Working Papers 2020-14, Department of Economics and Business Economics, Aarhus University.
- Schünemann, Johannes & Strulik, Holger & Trimborn, Timo, 2019. "Anticipation of deteriorating health and information avoidance," University of Göttingen Working Papers in Economics 365, University of Goettingen, Department of Economics.
- Coutts, Alexander, 2019.
"Testing models of belief bias: An experiment,"
Games and Economic Behavior, Elsevier, vol. 113(C), pages 549-565.
- Coutts, Alexander, 2015. "Testing Models of Belief Bias: An Experiment," MPRA Paper 67507, University Library of Munich, Germany.
- Armouti-Hansen, Jesper & Kops, Christopher, 2024. "Managing anticipation and reference-dependent choice," Journal of Mathematical Economics, Elsevier, vol. 112(C).
- Nielsen, Kirby, 2020. "Preferences for the resolution of uncertainty and the timing of information," Journal of Economic Theory, Elsevier, vol. 189(C).
- Francesco Capozza & Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2021.
"Studying Information Acquisition in the Field: A Practical Guide and Review,"
CEBI working paper series
21-15, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
- Francesco Capozza & Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2021. "Studying Information Acquisition in the Field: A Practical Guide and Review," ECONtribute Discussion Papers Series 124, University of Bonn and University of Cologne, Germany.
- Lau, Stephanie, 2011. "Investment incentives in bilateral trading," Games and Economic Behavior, Elsevier, vol. 73(2), pages 538-552.
- Qin, Jie, 2015. "A model of regret, investor behavior, and market turbulence," Journal of Economic Theory, Elsevier, vol. 160(C), pages 150-174.
- Ester Faia & Andreas Fuster & Vincenzo Pezone & Basit Zafar, 2024.
"Biases in Information Selection and Processing: Survey Evidence from the Pandemic,"
The Review of Economics and Statistics, MIT Press, vol. 106(3), pages 829-847, May.
- Faia, Ester & Fuster, Andreas & Pezone, Vincenzo & Zafar, Basit, 2021. "Biases in information selection and processing: Survey evidence from the pandemic," SAFE Working Paper Series 307, Leibniz Institute for Financial Research SAFE.
- Faia, Ester & Fuster, Andreas & Pezone, Vincenzo & Zafar, Basit, 2024. "Biases in information selection and processing: Survey evidence from the pandemic," Other publications TiSEM 6a968e65-aa7e-4929-bba2-e, Tilburg University, School of Economics and Management.
- Ester Faia & Andreas Fuster & Vincenzo Pezone & Basit Zafar, 2021. "Biases in Information Selection and Processing: Survey Evidence from the Pandemic," NBER Working Papers 28484, National Bureau of Economic Research, Inc.
- Faia, Ester & Pezone, Vincenzo & Zafar, Basit, 2021. "Biases in Information Selection and Processing: Survey Evidence from the Pandemic," CEPR Discussion Papers 15774, C.E.P.R. Discussion Papers.
- Kops, Christopher & Pasichnichenko, Illia, 2023. "Testing negative value of information and ambiguity aversion," Journal of Economic Theory, Elsevier, vol. 213(C).
- George Wu, 1999. "Anxiety and Decision Making with Delayed Resolution of Uncertainty," Theory and Decision, Springer, vol. 46(2), pages 159-199, April.
More about this item
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:jeclit:v:55:y:2017:i:1:p:96-135. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.