Explain why some degree of ignorance is optimal, Microeconomics

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Explain why some degree of ignorance is optimal

Problem

Our analysis in this chapter suggests that individuals have a utility-maximizing amount of information. Explain why some degree of ignorance is optimal.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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