Skewness and Intrinsic Preferences for Information
Yusufcan Masatlioglu, Yesim Orhun, and Collin Raymond
,
10
(
113
)
American Economic Review
2615-44
October
2023
Abstract
We examine whether people have an intrinsic preference for negatively skewed or posi-
tively skewed information structures and how these preferences relate to intrinsic preferences
for informativeness. The results from lab experiments show a strong intrinsic preference for
positively skewed information and suggest that providing such information can improve
information uptake. Evidence from field studies in decision- and ego-relevant contexts replicate these findings. We discuss our findings through the lens of existing theories and the