Information Avoidance
Golman, Russell and Hagmann, David and Loewenstein, George, Information Avoidance (July 17, 2015). Available for download at SSRN: http://ssrn.com/abstract=2633226 “We commonly think of information as a means to an end. However, a growing theoretical and experimental literature suggests that information may directly enter the agent’s utility function. This can create an incentive to avoid information, …