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Does openness/intellect predict sensitivity to the reward value of information?
Luke D Smillie1, Daniel Bennett2, Nicholas P Tan3
1The University of Melbourne, Parkville, Australia. lsmillie@unimelb.edu.au.
This study found that the personality trait openness/intellect is not strongly linked to paying for information. Dopamine blocking medication, however, increased willingness to pay for information.
Area of Science:
- Cognitive Neuroscience
- Psychology
- Neuropharmacology
Background:
- A theory suggests openness/intellect relates to valuing information, similar to how dopamine neurons respond to unexpected rewards.
- This links personality to information processing and reward systems.
Purpose of the Study:
- To investigate the relationship between openness/intellect and the willingness to pay for non-instrumental information.
- To examine if the dopamine D2 receptor antagonist sulpiride moderates this relationship.
Main Methods:
- A choice task was used to assess participants' willingness to pay for information.
- Experiment 1 (N=139) examined the link between openness/intellect and information preference.
- Experiment 2 (N=164) tested the effect of sulpiride on this relationship.
Main Results:
- Most measures of openness/intellect were unrelated to costly information preference.
- Some findings indicated a decreased willingness to pay for information with increasing openness/intellect.
- Sulpiride administration reduced the cost-dependent association between openness/intellect and information valuation, and increased willingness to pay for moderately costly information.
Conclusions:
- The information valuation theory of openness/intellect may require refinement.
- Dopamine appears to play a role in how individuals value information.
- Further research is needed to fully understand the interplay between personality, dopamine, and information seeking.
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