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“Do voice and social information contribute to changing views about rent control policy?”

Author

Listed:
  • Jordi Brandts

    (Instituto de Análisis Económico and Barcelona School of Economics)

  • Isabel Busom

    (Universitat Autònoma de Barcelona.)

  • Cristina Lopez-Mayan

    (AQR-IREA, University of Barcelona)

Abstract

Citizens’ ability to make informed and thoughtful choices when voting for policy proposals rests on their awareness of and access to accurate information about the costs and benefits that each proposal entails. We study whether specific social factors affect the disposition to drop a misconception, the belief that rent control increases the availability of affordable housing. We design an online experiment to test whether giving voice, aggregate social information and disaggregate social information increase the effect of a video explaining the evidence on the consequences of rent control policies. While voice and aggregate social information do not have an additional effect relative to a control group that is shown the same video, supplying disaggregate social has an additional impact on updating beliefs. Furthermore, we find that changes in beliefs widely translate into intended voting and recommending the video. Finally, although ideological position and a zero–sum mentality are correlated with the initial misconception, these two factors do not thwart the disposition to update beliefs after receiving experts’ information.

Suggested Citation

  • Jordi Brandts & Isabel Busom & Cristina Lopez-Mayan, 2024. "“Do voice and social information contribute to changing views about rent control policy?”," AQR Working Papers 202402, University of Barcelona, Regional Quantitative Analysis Group, revised Feb 2024.
  • Handle: RePEc:aqr:wpaper:202402
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    References listed on IDEAS

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    More about this item

    Keywords

    Misconceptions; Policy beliefs; Communication; Social information; Online experiments; Refutation. JEL classification: A1; A2; C9; D83; D9;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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