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Masatlioglu et al. (2023) show a strong intrinsic preference for positively skewed information over negatively skewed information through three laboratory and two field experiments. Using the provided replication package, we successfully computationally reproduce these results. Additionally, we...
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We present experimental results from a broad investigation of intrinsic preferences for information. We examine whether people prefer negatively skewed or positively skewed information structures, and how individual preferences over the skewness and the degree of information relate to one...
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Private information is at the heart of many economic activities. For decades, economists have assumed that individuals are willing to misreport private information if this maximizes their material payoff. We combine data from 72 experimental studies in economics, psychology and sociology, and...
Persistent link: https://www.econbiz.de/10012979666
Private information is at the heart of many economic activities. For decades, economists have assumed that individuals are willing to misreport private information if this maximizes their material payoff. We combine data from 72 experimental studies in economics, psychology and sociology, and...
Persistent link: https://www.econbiz.de/10012983032
We introduce a new class of preferences — which we call additive-belief-based (ABB) —that captures a general and yet tractable approach to belief-based utility, and that encompasses many popular models in the behavioral literature. We show that the general class of ABB preferences and two...
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