Information acquisition choices for the different prior beliefs. Error bars represent 95% confidence intervals.

Information acquisition choices for the different prior beliefs. Error bars represent 95% confidence intervals.

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Can strategic information acquisition harm the provision of a public good? We investigate this question in an incentivized online experiment with a large sample of the German population. The marginal returns of the public good are uncertain: it is either socially efficient to contribute or not. In the information treatment, participants can choose...

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Context 1
... The finding that S L is the most frequent information acquisition choice is in line with the results of Spiekermann and Weiss (2016), whose experiment exploits the same information revelation process as ours in the context of a dictator game. Figure 1 displays signal choices for the three different prior beliefs. Between prior beliefs, signal choices do not differ significantly. ...