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- W2257408212 abstract "Many scholars study the effects of political information, but few political science experiments incorporate 1) multiple types of information, 2) choices about which type(s) of information to receive, and 3) opportunity costs. I conduct experiments that incorporate these aspects of real-world political markets for information. The results show that although subjects seek information when they need it most (when they are unsophisticated and when decisions are difficult), their information searches are far from optimal. Specifically, subjects choose information that is clearly inferior to other available information, consume less information than they theoretically should, and make worse decisions as a result. These findings indicate that experiments exposing all subjects to information (instead of allowing them to choose) may overstate the effects of political information. They also suggest lessons for political elites seeking to influence citizens." @default.
- W2257408212 created "2016-06-24" @default.
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- W2257408212 date "2011-01-01" @default.
- W2257408212 modified "2023-09-25" @default.
- W2257408212 title "The Market for Political Information: How the Consumption of Information Affects Citizens’ Decisions" @default.
- W2257408212 doi "https://doi.org/10.2139/ssrn.1742556" @default.
- W2257408212 hasPublicationYear "2011" @default.
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