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| Title: | | Experimental Evidence on Preferences for Information  |
| Authors: | | Zimmermann, Florian |
| Issue Date: | | 2010 |
| Series/Report no.: | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Experimental Tests of Theories and Institutions D13-V3 |
| Abstract: | | 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. |
| JEL: | | C91 D01 D80 |
| Document Type: | | Conference Paper |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2010 (Kiel): Ökonomie der Familie
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