Do You Trust Information You Don't Want to Hear?

Source: Voice of America, March 10, 2017

In the Journal of Economic Literature, a new study from Carnegie Mellon University explains how and why people deliberately avoid information that could threaten their happiness and well-being. "People often avoid information that could help them to make better decisions if they think the information might be painful to receive," said George Loewenstein, CHIBE Director of Behavioral Economics.