RT Monograph
SR 00
A1 Assenza, Tiziana
T1 The  Ability to  'Distill the Truth'
YR 2021
FD 2021-12
VO 21-1280
SP 127
K1 Misinformation
K1 Fake news
K1 Belief precision,
K1 Belief updating
K1 Information experiment
K1 Surveys
AB Employing a representative US online panel, we document strong imprecision in people’s beliefs about their ability to assess the accuracy of news headlines. With a randomized information experiment, we show that revelation of the true abil- ity causally adjusts beliefs and improves their precision. The effect is stronger for subjects who are overconfident about own ability and this is driven by gender dif- ferences in the reaction to this information. Finally, we also find that the provision of information on ability increases the willingness to pay for an insurance against the risk of being harmed by misinformation, among risk-averse participants.
T2 TSE Working Paper
PB TSE Working Paper
PP Toulouse, France
AV Published
LK https://publications.ut-capitole.fr/id/eprint/44153/
UL http://tse-fr.eu/pub/126335