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The Dynamics of Motivated Beliefs

Zimmermann, Florian·2020·American Economic Review

Abstract

A key question in the literature on motivated reasoning and self-deception is how motivated beliefs are sustained in the presence of feedback. In this paper, we explore dynamic motivated belief patterns after feedback. We establish that positive feedback has a persistent effect on beliefs. Negative feedback, instead, influences beliefs in the short run, but this effect fades over time. We investigate the mechanisms of this dynamic pattern, and provide evidence for an asymmetry in the recall of feedback. Finally, we establish that, in line with theoretical accounts, incentives for belief accuracy mitigate the role of motivated reasoning. (JEL C91, D83, D91)

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Metadata

Authors
Zimmermann, F.
Venue
American Economic Review
Published
2020-02-01
Volume
110
Issue
2
Pages
337-363
ISSN
0002-8282 (ISSN-L)
OpenAlex
W2940828548
Cited by
312
References
44
FWCI
30.61
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Dynamics of Motivated Beliefs. https://app.cochat.ai/papers/10.1257/aer.20180728
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Zimmermann, F. (2020). The Dynamics of Motivated Beliefs. American Economic Review. https://doi.org/10.1257/aer.20180728

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