This is a past event. Its details are archived for historical purposes.
The contact information may no longer be valid.
Please visit our current events listings to look for similar events by title, location, or venue.
Tuesday, September 10, 2019 at 11:40am to 1:10pm
Sage Hall, 141
Johnson Graduate School-Management, 106 Sage Hall, Ithaca, NY 14853-6201, USA
Russell Golman - Carnegie Mellon University
Title: The Demand for, and Avoidance of Information
Abstract: We propose and experimentally test a new theory of information seeking and avoidance. Beyond the conventional desire for information as an input to decision making, people are driven by curiosity, which is a desire to fill information gaps, even in the absence of material benefits. People are additionally motivated to seek out information about issues they like thinking about (a “savoring effect”) and avoid information about issues they do not like thinking about (an “ostrich effect”) because information attracts attention. We test and find evidence supporting three of the primary hypotheses derived from our theory: people display stronger demand for information when it seems more important, when it is more salient, and when it has higher valence.