The marketplace of rationalizations
نویسندگان
چکیده
Abstract Recent work in economics has rediscovered the importance of belief-based utility for understanding human behaviour. Belief ‘choice’ is subject to an important constraint, however: people can only bring themselves believe things which they find rationalizations. When preferences similar beliefs are widespread, this constraint generates rationalization markets, social structures agents compete produce rationalizations exchange money and rewards. I explore nature such draw on political media illustrate their characteristics behaviour, highlight implications motivated cognition misinformation.
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ژورنال
عنوان ژورنال: Economics and Philosophy
سال: 2022
ISSN: ['1474-0028', '0266-2671']
DOI: https://doi.org/10.1017/s0266267121000389