This paper is concerned with the role of committees in collective decision-makingprocesses in a world where agents must … be motivated to collect information. Committees improvethe quality of decision-making by providing information and by … preferences of the committeemembers should be aligned to those of the decision maker. Members with similar preferences asthe …

We report the results of an experiment on selective exposure to information. A decision maker interested in learning … informed on the state, they report it truthfully; when uninformed, they report their favorite state. A Bayesian decision maker …. In line with the theory, subjects are more likely to seek confirmatory information when sources are symmetrically …

A decision-maker (DM) faces an intertemporal decision problem, where his payoff depends on actions taken across time as …

In this paper, I studied an information acquisition problem: a decision maker acquires information about payoff … relevant states to facilitate decision making. My primary focus is on flexibility: the decision maker can choose any dynamic … learning dynamics with posterior separable informativeness measure: the decision maker will seek for an informative evidence …

are illustrated numerically for a variety of utility functions commonly used in decision theory … decision maker in the simplest non-trivial theoretical scenario, where the decision maker is allowed to acquire only two pieces … decision maker when choosing which piece of information to acquire. We show that the decision of how to optimally allocate the …

challenges and design recommendations that may be of help for practitioners planning to conduct an information experiment. We …