Do fake news not only endanger democracy, but also harm the economy? Can this even be measured? And how much is the protection against misinformation worth to people?
ECONtribute member Stefanie Huber conducts research at the University of Bonn on financial markets and the gender gap in leadership positions. In various studies, she has analyzed the economic impact of fake news. We discuss why many people overestimate their fact-checking skills, how the effect of fake news on productivity and unemployment can be measured, and whether people are willing to pay for protection against misinformation.
This episode is about (false) facts, uncertainty, and overconfidence.
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