What Is Information Overload? Where Does It Come from and How

question 8

Essay

What is information overload? Where does it come from and how can it be avoided?

---

Definitions:

Consumer Equilibrium

A state in which a consumer has allocated their income in a way that maximizes their utility, given their budget constraints.

Utility

In economics, a measure of satisfaction or happiness that people derive from consuming goods and services.

Divisible

Capable of being divided or separated into smaller parts without losing its inherent qualities or value.

Utils

A hypothetical unit of measurement used in economics to quantify the level of utility or satisfaction derived from consuming goods or services.