instrumental information when given the choice - and perform stunningly well. Agents who are uninformed regarding their piece rate … self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …

instrumental information when given the choice - and perform stunningly well. Agents who are uninformed regarding their piece rate … self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …

instrumental information when given the choice - and perform stunningly well. Agents who are uninformed regarding their piece rate … self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …

Recent behavioral models argue in favor of avoidance of instrumental information. We explore the role of information … avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance … of instrumental information exist, studying information structures on performance pay. Second, information avoiders …

Often information structures are such that while individual reputation building is impossible groups of agents would … successfully exploit the information structure. …

-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …

instrumental information when given the choice - and perform stunningly well. Agents who are uninformed regarding their piece rate … self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …