How about “high status individuals face larger opportunity costs to their time, reducing the relative hedonic value of increasing understanding. The instrumental value of understanding increases more than linearly with opportunity costs for them, but the instrumental value of understanding is systematically undervalued by people at all status levels because it can’t be clearly visualized and so it isn’t very affect laden. The net consequence is to increase the normal bias towards underinvestment in information.
How about “high status individuals face larger opportunity costs to their time, reducing the relative hedonic value of increasing understanding. The instrumental value of understanding increases more than linearly with opportunity costs for them, but the instrumental value of understanding is systematically undervalued by people at all status levels because it can’t be clearly visualized and so it isn’t very affect laden. The net consequence is to increase the normal bias towards underinvestment in information.