Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308129 
Year of Publication: 
2024
Series/Report no.: 
ECONtribute Policy Brief No. 065
Publisher: 
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI), Bonn and Cologne
Abstract: 
The proliferation of fake news poses a growing global threat, affecting politics, individual decision-making, and economic outcomes. This column discusses how informing individuals about their susceptibility to fake news affects their willingness to pay to protect themselves from misinformation. While people often overestimate their ability to discern fake news, raising awareness about their susceptibility affects - causally and positively - their willingness to pay to protect themselves from the adverse consequences of fake news, such as by investing in fact-checking services.
Subjects: 
Fake news
Misinformation
Document Type: 
Research Report

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