The Fake News Effect: Experimentally Identifying Motivated Reasoning Using Trust in News

@article{Thaler2020TheFN,
  title={The Fake News Effect: Experimentally Identifying Motivated Reasoning Using Trust in News},
  author={Michaela Thaler},
  journal={Psychology Research Methods eJournal},
  year={2020}
}
  • Michaela Thaler
  • Published 25 May 2020
  • Computer Science
  • Psychology Research Methods eJournal
Motivated reasoning posits that people distort how they process information in the direction of beliefs they find attractive. This paper creates a novel experimental design to identify motivated reasoning from Bayesian updating when people enter into the experiment with endogenously different beliefs. It analyzes how subjects assess the veracity of information sources that tell them the median of their belief distribution is too high or too low. A Bayesian would infer nothing about the source… 

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