Desirability and information processing: An experimental study

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17 Scopus citations

Abstract

I study, in an experimental setting, how individuals process news regarding the likelihood of an event that is desirable, but not ego-relevant. I hypothesize that individuals biasedly favor good news over bad news, but find no support for this hypothesis.

Original languageEnglish
Pages (from-to)96-99
Number of pages4
JournalEconomics Letters
Volume152
DOIs
StatePublished - 01 Mar 2017

Keywords

  • Bayes’ rule
  • Belief updating
  • Optimism
  • Wishful thinking

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