16:00 - 17:30
Fri-PS6
Chair/s:
Quazi Shahriar
Room: Floor 2, Auditorium 3
Alexander Coutts - Miscalibration, overconfidence, and uncertainty
Valeria Maggian - Are Proactive Narratives more convincing? An experiment
Valeria Burdea - Partisan Identity, Party-Specific Knowledge, and Second-Order Beliefs
Quazi Shahriar - Media Competition, Contradictory News and Voting
Are Proactive Narratives more convincing? An experiment
Valeria Maggian, Luca Corazzini, Marco Diamante
Ca' Foscari University of Venice
Based on the work by Eliaz and Spiegler (2020), we design a laboratory experiment aimed at understanding whether people, when facing competing narratives, are drawn to hopeful ones, defined depending on whether the agent’s actions do affect the probability to win in a zero-sum game against a robot. Our treatments consist of different manipulations of the instructions so to suggest, from ambiguous evidence, which rule governs the zero-sum game. We show that subjects’ ability to suppress an incorrect, intuitive answer, as measured by the Cognitive Reflection Test (CRT), mitigates their biased and inconsistent behaviour.