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Information-loving or Information-averse
Bob recently went through an exam and just found the envelope containing his exam results in his mailbox. Should
he open the letter immediately, or should he first go to dinner with Alice?
Bob is torn between the two choices.
On the one hand he is impatient to know whether he has passed; on the other, he is afraid of spoiling his dinner
date with Alice. While Alice, on the phone, suggests having dinner first, Bob rips open the envelope ...
How would you decice? Discover your type in Chapter 4 of Information Economics.