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
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Experimental Tests of Theories and Institutions ; No. D13-V3

Classification
Wirtschaft
Design of Experiments: Laboratory, Individual
Microeconomic Behavior: Underlying Principles
Information, Knowledge, and Uncertainty: General

Event
Geistige Schöpfung
(who)
Zimmermann, Florian
Event
Veröffentlichung
(who)
Verein für Socialpolitik
(where)
Frankfurt a. M.
(when)
2010

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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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

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