More effort with less pay: On information avoidance, optimistic beliefs, and performance
研究在真实努力任务中，人们是否回避关于绩效报酬的实用信息，发现回避者比接收者表现更好，且这一结果不受自我选择影响，与乐观信念理论一致。
Neoclassical theory presumes that agents value instrumental information. In contrast, recent behavioral studies motivate and model information avoidance. We study preferences for and against instrumental information in a real-effort task varying information structures on performance pay. Our study offers three main results. First, we confirm that both, preferences for and against instrumental information, exist. Second, information avoiders outperform information receivers. This result holds independently of effects of self-selection. Third, our findings about information avoiders can be aligned with behavioral theories of optimistic belief design.