-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 …

(LIWC) software to investigate the association between behavior in one-shot anonymous economic cooperation games and the …

Using a randomized information experiment embedded in a representative survey, we study households' economic … happening in the economy shortly after the pandemic outbreak. Households that receive information on experts' views on the … holds for households that receive information on major monetary and fiscal stimulus measures announced in response to the …

When making a decision, humans consider two types of information: information they have acquired through their prior … experience of the world, and further information they gather to support the decision in question. Here, we present evidence that … data from search engines such as Google can help us model both sources of information. We show that statistics from search …

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 …

deliver credible information to consumers. Consumers form their perceptions of a brand from various interactions with all … show that niche brands naturally convey more information than mainstream brands. A firm with a mainstream brand has …