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- W3122541898 abstract "Avoiding information about adverse welfare consequences of self-interested decisions, or willful ignorance, is an important source of socially harmful behavior. To understand this issue, we analyze a Bayesian signaling model of an agent who cares about self-image and has the opportunity to learn the social benefits of a personally costly action. We show that willful ignorance can serve as an excuse for selfish behavior by obfuscating the signal about the decision-maker's preferences, and help maintain the idea that the agent would have acted virtuously under full information. We derive several behavioral predictions that are inconsistent with either outcome-based preferences or social-image concern and conduct experiments to test them. Our findings, as well as a number of previous experimental results, offer support for these predictions and thus, the broader theory of self-signaling. (JEL: D83, C72, C91)" @default.
- W3122541898 created "2021-02-01" @default.
- W3122541898 creator A5053767091 @default.
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- W3122541898 date "2016-12-15" @default.
- W3122541898 modified "2023-09-30" @default.
- W3122541898 title "Self-Image and Willful Ignorance in Social Decisions" @default.
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- W3122541898 doi "https://doi.org/10.1093/jeea/jvw001" @default.
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