Do voice and social information contribute to changing views about rent control policy?

Jordi Brandts (), Isabel Busom () and Cristina Lopez-Mayan
Additional contact information
Jordi Brandts: Instituto de Análisis Económico and Barcelona School of Economics
Isabel Busom: Universitat Autònoma de Barcelona.

No 202402, AQR Working Papers from University of Barcelona, Regional Quantitative Analysis Group

Abstract: Citizens’ ability to make informed and thoughtful choices when voting for policy proposals rests on their awareness of and access to accurate information about the costs and benefits that each proposal entails. We study whether specific social factors affect the disposition to drop a misconception, the belief that rent control increases the availability of affordable housing. We design an online experiment to test whether giving voice, aggregate social information and disaggregate social information increase the effect of a video explaining the evidence on the consequences of rent control policies. While voice and aggregate social information do not have an additional effect relative to a control group that is shown the same video, supplying disaggregate social has an additional impact on updating beliefs. Furthermore, we find that changes in beliefs widely translate into intended voting and recommending the video. Finally, although ideological position and a zero–sum mentality are correlated with the initial misconception, these two factors do not thwart the disposition to update beliefs after receiving experts’ information.

Keywords: Misconceptions; Policy beliefs; Communication; Social information; Online experiments; Refutation. JEL classification: A1; A2; C9; D83; D9 (search for similar items in EconPapers)
Pages: 62 pages
Date: 2024-02, Revised 2024-02
New Economics Papers: this item is included in nep-exp and nep-ure
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http://www.ub.edu/irea/working_papers/2024/202405.pdf (application/pdf)

Related works:
Working Paper: Do Voice and Social Information Contribute to Changing Views about Rent Control Policy? (2024)
Working Paper: Do voice and social information contribute to changing views about rent control policy? (2024)
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