Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …

instrumental information when given the choice - and perform stunningly well. Agents who are uninformed regarding their piece rate … self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …

This paper analyses the effect of information disseminated by the Internet on voting behavior. We address endogeneity …

No voters cast their votes based on perfect information, but better educated and richer voters are on average better … strong correlation between income and political information, Congress representatives vote more conservatively, which is also … in line with our theory …

structure of information. Using a novel and purposefully simple set-up, we experimentally analyze preferences for information … along four dimensions. We find evidence that the majority of subjects prefers receiving information sooner. This preference …) consumption events, later information becomes more attractive. We also identify an aversion towards piecemeal information …

experiment, in which decision-makers allocate money equally or efficiently. We distinguish between decision-makers that receive …

We construct a simple equilibrium search model in which workers accumulate information about previously met employment … provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …

strategic value is attached to the information, and individuals may prefer not to learn their cost of provision. If the time … horizon is sufficiently short, in equilibrium only one individual may acquire information about his cost. For a long time … horizon, acquiring information is strictly dominant. The time limit is an important instrument in influencing the efficiency …