Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37214 
Year of Publication: 
2010
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Experimental Tests of Theories and Institutions No. D13-V3
Publisher: 
Verein für Socialpolitik, Frankfurt a. M.
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

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