2017
DOI: 10.1257/jel.20151245
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Information Avoidance

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Cited by 565 publications
(258 citation statements)
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References 173 publications
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“…Research on epistemic beliefs and epistemic monitoring is consistent with a growing body of literature in both psychology (e.g., Golman et al, 2017) and economics (e.g., Babcock, Loewenstein, Issacharoff, & Camerer, 1995) on the vulnerability of humans to various forms of cognitive bias (i.e., an umbrella term covering a diverse typology of systematic errors in judgment and decision-making that are prevalent in all human beings; Kahneman, Slovic, & Tversky, 1992). Table 1 describes several forms of cognitive bias that researchers have identified and investigated.…”
Section: Information Overloadsupporting
confidence: 79%
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“…Research on epistemic beliefs and epistemic monitoring is consistent with a growing body of literature in both psychology (e.g., Golman et al, 2017) and economics (e.g., Babcock, Loewenstein, Issacharoff, & Camerer, 1995) on the vulnerability of humans to various forms of cognitive bias (i.e., an umbrella term covering a diverse typology of systematic errors in judgment and decision-making that are prevalent in all human beings; Kahneman, Slovic, & Tversky, 1992). Table 1 describes several forms of cognitive bias that researchers have identified and investigated.…”
Section: Information Overloadsupporting
confidence: 79%
“…In general, readers evaluate information in texts that is consistent with their beliefs as more plausible than information that is inconsistent with their beliefs (Richter, 2011). They also tend to value evidence that supports what they are motivated to believe and discredit evidence that contradicts what they believe (Golman, Hagmann, & Loewenstein, 2017).…”
Section: Information Overloadmentioning
confidence: 99%
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“…Incentives to acquire or avoid information may include 1) whether the revealed information increases utility; 2) whether the information is instrumental to make consequent decisions; and 3) whether it simply reduces uncertainty (Golman et al 2017;Golman & Loewenstein 2015;Elias & Schotter, 2010;Burger 1992& Skinner 1995, in Prinder 2014. Curiosity is a constituent of our cognition-a desire to learn what is unknown, which may arise from a gap between the information we know and what we want to know.…”
Section: Social Curiositymentioning
confidence: 99%