Work

The value of useless information

Year: 2008

Type: report

Abstract: There are numerous situations in which individuals prefer some outcomes to others even if they do not observe which outcome occurs. For instance, many are strongly against child labor, but may remain forever in doubt as to whether the goods they buy have been made by children. Similarly, a person who is ethically against factory farming may

Source: Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)

Author: Larbi Chrifi‐Alaoui

Institution: University of Pennsylvania

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2139108119

Cites: 51

Cited by: 3

Related to: 10