Does Information Change Behavior?

dc.creatorHuffman, Wallace E.
dc.date2017-04-01T19:45:50Z
dc.date.accessioned2026-07-09T04:59:53Z
dc.descriptionThis paper reviews and synthesizes the theory of information economics and empirical evidence on how information changes the behavior of consumers, households and firms. I show that consumers respond to new information in food experiments but perhaps not in retirement account management. Some seeming perverse consumer/investor decision making may be a result of a complex decision with a low expected payoff.
dc.identifierdoi:10.22004/ag.econ.55938
dc.identifierhttps://ageconsearch.umn.edu/record/55938/files/paper_13128_09026.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/55938
dc.identifier.urihttp://hdl.handle.net/123456789/557625
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/55938
dc.titleDoes Information Change Behavior?
dc.typeText

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