The false consensus effect disappears if representative information and monetary incentives

  title={The false consensus effect disappears if representative information and monetary incentives},
  author={Dirk Engelmanny and Martin Strobelz},
  • Dirk Engelmanny, Martin Strobelz
  • Published 1999
In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary incentives for revealing the actual estimation of others’ behavior. In each session and round sixteen subjects make a choice between two options simultaneously. Then they estimate the choices of a randomly selected subgroup. For half of the rounds we provide information about other subjects’ choices. There we ...nd no false consensus e¤ect. At an aggregate level, subjects signi… CONTINUE READING
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