In direct response to the rise in fake news as a socio-cultural and political phenomenon, this article presents an analysis of the factors that may help to explain the reception of fake news. In addition, recent pronouncements made by the Trump White House seem to challenge the nature of an...

Information quality is an increasingly pressing problem in network society, as it is the price we pay for the information overload afflicting us. This article illustrates three empirical cases that will help provide a better understanding of the range and breadth of misinformation,...

Does social identity affect how decision makers consume and digest new information? We study this question through a theoretically informed experiment, employing a variant of the sender receiver game in which receivers can purchase reports from up to two senders. Depending on senders'...

Many facts are learned through the intermediation of individuals with special access to information, such as law enforcement officers, officials with a security clearance, or experts with specific knowledge. This paper considers whether societies can learn about such facts when information is...

Hayek benötigt für sein Marktmodell (in dem "der Wettbewerb" als Entdeckungsverfahren konzipiert wird) einen zweifachen Politikauftrag: (1) aktiv "die Ordnung" herzustellen (die sich selbst nicht herstellen kann) - und (2) (wenn sie hergestellt ist) sich machtlos zu stellen und nicht "in sie"...