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Strategic self-ignorance
HUI Res AB, S-10329 Stockholm, Sweden.;Univ Wyoming, Dept Econ & Finance, 1000 E Univ Ave, Laramie, WY 82071 USA..
Lund Univ; Univ Copenhagen, Denmark..ORCID iD: 0000-0001-8608-7976
Univ Wyoming, USA.ORCID iD: 0000-0003-3757-959X
Univ Wyoming, USA.ORCID iD: 0000-0003-0402-0896
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2016 (English)In: Journal of Risk and Uncertainty, ISSN 0895-5646, E-ISSN 1573-0476, Vol. 52, no 2, p. 117-136Article in journal (Refereed) Published
Abstract [en]

We examine strategic self-ignorance-the use of ignorance as an excuse to over-indulge in pleasurable activities that may be harmful to one's future self. Our model shows that guilt aversion provides a behavioral rationale for present-biased agents to avoid information about negative future impacts of such activities. We then confront our model with data from an experiment using prepared, restaurant-style meals-a good that is transparent in immediate pleasure (taste) but non-transparent in future harm (calories). Our results support the notion that strategic self-ignorance matters: nearly three of five subjects (58%) chose to ignore free information on calorie content, leading at-risk subjects to consume significantly more calories. We also find evidence consistent with our model on the determinants of strategic self-ignorance.

Place, publisher, year, edition, pages
Springer, 2016. Vol. 52, no 2, p. 117-136
Keywords [en]
Strategic ignorance, Calorie information avoidance, Guilt aversion, Self-control
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:du-38491DOI: 10.1007/s11166-016-9236-9ISI: 000378357600002OAI: oai:DiVA.org:du-38491DiVA, id: diva2:1603037
Available from: 2021-10-14 Created: 2021-10-14 Last updated: 2021-10-14Bibliographically approved

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Nordström, Jonas

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Nordström, JonasShogren, Jason F.Ehmke, Mariah
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CiteExportLink to record
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  • apa
  • ieee
  • modern-language-association-8th-edition
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  • de-DE
  • en-GB
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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Output format
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