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The link between cell phone use while driving and crash risk has in recent years become an area of active research. The most notable of the over 125 studies has concluded that cell phones produce a four-fold increase in relative crash risk--comparable to that produced by illicit levels of...
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Attention utility is the hedonic pleasure or pain derived purely from paying attention to information, and is distinct from the 'news utility' that arises from gaining new information. Using data on brokerage account logins by individual investors, we show that individuals devote...
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Attention utility is the hedonic pleasure or pain derived purely from paying attention to information. Using data on brokerage account logins by individual investors, we show that individuals devote disproportionate attention to already-known positive information about the performance of...
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