Fake News Harms the Economy
A professor from the ECONtribute Cluster of Excellence at the University of Bonn is studying the influence of fake news stories and how they are being dealt with
Stefanie Huber, - an Associate at the Institute of Finance and Statistics at the University of Bonn and a member of the ECONtribute at the Universities of Bonn and Cologne. Fake news significantly impacts economic dynamics, leading to higher unemployment and lower production. Additionally, people tend to overestimate their ability to distinguish between accurate and false information. However, once they are made aware of this (through experience), their willingness to pay to protect themselves from fake news increases. ... TO READ THIS ARTICLE, CREATE YOUR ACCOUNT And extend your reading, free of charge and with no commitment.
