Literature DB >> 30104815

Receptiveness to advice, cognitive ability, and technology adoption☆.

Bradford L Barham1, Jean-Paul Chavas1, Dylan Fitz2, Laura Schechter1.   

Abstract

We construct a model of technology adoption with agents differing on two dimensions: their cognitive ability and their receptiveness to advice. While cognitive ability unambiguously speeds adoption, receptiveness to advice may speed adoption for individuals with low cognitive ability, but slow adoption for individuals with high cognitive ability. We conduct economic experiments measuring US farmers' cognitive ability and receptiveness to advice and examine how these characteristics impact their speed of adoption of genetically modified (GM) corn seeds. The empirical analysis shows that early adopters are those who are both quite able cognitively and not receptive to advice.

Entities:  

Keywords:  Advice-taking; Cognitive ability; Economic experiments; Genetically modified seeds; Learning; Receptiveness to advice; Responsiveness to advice; Technology adoption

Year:  2018        PMID： 30104815      PMCID： PMC6086360          DOI： 10.1016/j.jebo.2017.12.025

Source DB:  PubMed          Journal:  J Econ Behav Organ        ISSN： 0167-2681


  10 in total

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Authors:  Pascaline Dupas
Journal:  Econometrica       Date:  2014-01       Impact factor: 5.844

9.  Social network targeting to maximise population behaviour change: a cluster randomised controlled trial.

Authors:  David A Kim; Alison R Hwong; Derek Stafford; D Alex Hughes; A James O'Malley; James H Fowler; Nicholas A Christakis
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10.  Higher frequency of social learning in China than in the West shows cultural variation in the dynamics of cultural evolution.

Authors:  Alex Mesoudi; Lei Chang; Keelin Murray; Hui Jing Lu
Journal:  Proc Biol Sci       Date:  2015-01-07       Impact factor: 5.349
  10 in total

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