-negative learning cost and spending one period. If the agent has time-consistent preferences, she always chooses to learn whenever the … learning is beneficial. If the agent has time-inconsistent preferences, however, she may procrastinate such a learning …), the procrastination of learning can occur even when the learning cost is zero. The procrastination also leads to a non …

This chapter examines how the original tenets of the affect-as-information hypothesis can be extended to explain a wide … chapter is organized into three main sections. The first section identifies distinct types of information that people seem to … derive from their feelings. In a sense, these different types of information constitute the lexicon of feelings as …

assign parents to either an information group, who receives text messages with weekly data on their child’s attendance and …-specific information. We find that information makes parents more accurate about student attendance, and has large impacts on their test … more accurate about attendance levels, learning outcomes in the salience group improve by at least as much. Why? We show …

increasingly common around the world. Using daily information on prices, click-throughs, and the number of retailers for a sample …

assign parents to either an information group, who receives text messages with weekly data on their child’s attendance and …-specific information. While information has large impacts on attendance, test scores and grade promotion relative to the control group …

this paper, we study the impact of providing personalized information on health plan choices in a laboratory experiment. We … that providing personalized information significantly improves health plan choices. The positive effect is even larger and … personalized information restores the awareness of the choice setting to a level comparable to the case without distraction thus …