The ostrich effect: Selective attention to information

DOI10.1007/s11166-009-9060-6zbMath1175.91052OpenAlexW2093380315WikidataQ56502734 ScholiaQ56502734MaRDI QIDQ833110

Niklas Karlsson, George Loewenstein, Duane J. Seppi

Publication date: 11 August 2009

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11166-009-9060-6

zbMATH Keywords

attentioninvestor behaviorselective exposure

Mathematics Subject Classification ID

Decision theory (91B06) Economics of information (91B44)

Related Items (11)

Measuring preferences over the temporal resolution of consumption uncertainty ⋮ When expectations become aspirations: reference-dependent preferences and liquidity constraints ⋮ The impact of health-related emotions on belief formation and behavior ⋮ Dynamic Trading with Reference Point Adaptation and Loss Aversion ⋮ Limited cognitive ability and selective information processing ⋮ Equilibrium of individual concern-critical influence maximization in virtual and real blending network ⋮ Testing negative value of information and ambiguity aversion ⋮ Anchored belief updating from recommendations ⋮ Feedback spillovers across tasks, self-confidence and competitiveness ⋮ Emotional decision-makers and anomalous attitudes towards information ⋮ Machine learning to establish proxies for investor attention: evidence of improved stock-return prediction

Cites Work

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• Projection Bias in Predicting Future Utility
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Self-Confidence and Personal Motivation
• Myopic Loss Aversion and the Equity Premium Puzzle

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