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Fake News: Susceptibility, Awareness, and Solutions

Author

Listed:
  • Tiziana Assenza

    (Toulouse School of Economics, IAST)

  • Alberto Cardaci

    (Toptal)

  • Stefanie Huber

    (University of Bonn)

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.

Suggested Citation

  • Tiziana Assenza & Alberto Cardaci & Stefanie Huber, 2024. "Fake News: Susceptibility, Awareness, and Solutions," ECONtribute Policy Brief Series 065, University of Bonn and University of Cologne, Germany.
    • Handle: RePEc:ajk:ajkpbs:065
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    File URL: https://www.econtribute.de/RePEc/ajk/ajkpbs/ECONtribute_PB_065_2024.pdf
    File Function: First version, 2024
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    Citations

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    Cited by:

    1. Tiziana Assenza & Fabrice Collard & Patrick Fève & Stefanie Huber, 2024. "From Buzz to Bust: How Fake News Shapes the Business Cycle," Working Papers hal-04958375, HAL.
    2. Julia Cagé & Nathan Gallo & Moritz Hengel & Emeric Henry & Yuchen Huang, 2025. "Fact-Checking and Misinformation: Evidence from the Market Leader," CESifo Working Paper Series 12319, CESifo.

    More about this item

    JEL classification:

    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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