We commonly think of information as a means to an end. However, a growing theoretical
and experimental literature suggests that information may directly enter the agent's utility …

Inattention is a central, unifying theme for much of behavioral economics. It permeates such
disparate fields as microeconomics, macroeconomics, finance, public economics, and …

This paper investigates financial attention using novel panel data on daily investor online
account logins. We find support for selective attention to portfolio information. Account logins …

We propose a theory of preferences for acquiring or avoiding information and for exposure
to uncertainty (ie, risk or ambiguity) which is based on thoughts and feelings about …

The outbreak of coronavirus disease 2019 (COVID-19) has disrupted the global economy.
Since containment measures directly limit mobility and social interactions, the pandemic has …

This article explores current sociological scholarship on climate skepticism and, drawing on
recent literature in social psychology and behavioral science, presents an argument for …

Since the finance industry is transforming into a data industry, measuring the quantity of data
investors have about various assets is important. Informed by a structural model, we develop …

Recent evidence suggests that investors are inattentive to their portfolios and hire expensive
portfolio managers. This paper develops a life‐cycle portfolio‐choice model in which the …

We examine whether people have an intrinsic preference for negatively skewed or positively
skewed information structures and how these preferences relate to intrinsic preferences for …

Management scientists recognize that decision making depends on the information people
have but lack a unified behavioral theory of the demand for (and avoidance of) information …