The False Consensus Effect Disappears if Representative Information and Monetary Incentives Are Given

A-Tier
Journal: Experimental Economics
Year: 2000
Volume: 3
Issue: 3
Pages: 241-260

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary incentives for revealing the actual estimation of others' behavior. In each session and round, sixteen subjects make a choice between two options simultaneously. Then they estimate the choices of a randomly selected subgroup. For half of the rounds we provide information about other subjects' choices. There we find no false consensus effect. At an aggregate level, subjects significantly underweight rather than overweight their choices. When we do not provide information, the presence of a false consensus effect cannot be detected. Copyright Kluwer Academic Publishers 2000

Technical Details

RePEc Handle
repec:kap:expeco:v:3:y:2000:i:3:p:241-260
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25