| Popis: |
We introduce a novel experimental protocol for studying the economic effects of growing mistrust in traditional news media. In a preregistered experiment, participants first read news articles on trends in the Australian housing market from sources with either high or low trustworthiness and either with or without visible brand information. They then predicted selling prices of apartments for a monetary reward. As hypothesized, (1) reading news on declining house price trends lowered expectations about house prices, and (2) news from a trustworthy source had stronger effect on economic expectations when source brand was made visible. |
