Letmathe, Peter; Noll, Elisabeth - In: The international journal of business science & applied … 16 (2021) 1, pp. 86-132
("payoff scheme" and "level of costs for information that can be acquired") in three laboratory experiments. Participants had … to decide how many pieces of information they wanted to purchase non-sequentially in order to make a decision under … uncertainty. Our findings indicate that under time pressure, individuals acquire less information. Moreover, while we found no …