The effect of disinformation about COVID-19 on consumer confidence: Insights from a survey experiment.
COVID-19
Consumer confidence
Disinformation
Fake news
Journal
Journal of behavioral and experimental economics
ISSN: 2214-8043
Titre abrégé: J Behav Exp Econ
Pays: Netherlands
ID NLM: 101705575
Informations de publication
Date de publication:
Feb 2023
Feb 2023
Historique:
received:
15
03
2022
revised:
26
11
2022
accepted:
07
12
2022
entrez:
19
12
2022
pubmed:
20
12
2022
medline:
20
12
2022
Statut:
ppublish
Résumé
Although the COVID-19 pandemic was accompanied by an infodemic about the origin of the virus and effectiveness of vaccines, little is known about the causal effect of this disinformation on the economy. This article fills in this void by examining the effects of disinformation about COVID-19 vaccines on consumer confidence by means of an original survey experiment in Dutch speaking communities of Belgium. Our findings show that the information set that impacts consumer confidence is much broader than previously assumed. We show that disinformation changes the perception of the effectiveness of vaccines which in turn indirectly impacts the future economic outlook, measured by the metric consumer confidence. Moreover, we find that the above effects are larger for respondents exposed to disinformation that is framed as containing 'scientific evidence' compared to 'conspiracy frames'.
Identifiants
pubmed: 36531665
doi: 10.1016/j.socec.2022.101968
pii: S2214-8043(22)00138-0
pmc: PMC9733969
doi:
Types de publication
Journal Article
Langues
eng
Pagination
101968Informations de copyright
© 2022 Elsevier Inc. All rights reserved.
Déclaration de conflit d'intérêts
No potential conflict of interest was reported by the authors.
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