Konferenzbeitrag
Experimental Evidence on Preferences for Information
In a recent paper, Koszegi and Rabin (2009) make a novel prediction about people's attitudes towards noninstrumental information, i.e. information about fixed but unknown future outcomes. People prefer to get information clumped together rather than piecewise. We use a controlled lab experiment to examine this prediction. With three different experimental designs, we find no evidence in support of the model by Koszegi and Rabin.
- Language
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Englisch
- Bibliographic citation
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Experimental Tests of Theories and Institutions ; No. D13-V3
- Classification
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Wirtschaft
Design of Experiments: Laboratory, Individual
Microeconomic Behavior: Underlying Principles
Information, Knowledge, and Uncertainty: General
- Event
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Geistige Schöpfung
- (who)
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Zimmermann, Florian
- Event
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Veröffentlichung
- (who)
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Verein für Socialpolitik
- (where)
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Frankfurt a. M.
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Zimmermann, Florian
- Verein für Socialpolitik
Time of origin
- 2010