Retractions: Updating from Complex Information

Abstract We modify a canonical experimental design to identify the effectiveness of retractions. Comparing beliefs after retractions to beliefs (1) without the retracted information and (2) after equivalent new information, we find that retractions result in diminished belief updating in both cases. We propose this reflects updating from retractions being more complex, and our analysis supports this: we find longer response times, lower accuracy, and higher variability. The results—robust across diverse participant groups and design variations—enhance our understanding of belief updating and offer insights into addressing misinformation.

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Publication Details

Journal
The Review of Economic Studies
Published
2025-05-06
DOI
https://doi.org/10.1093/restud/rdaf032
Citations
3
Primary Topic
Misinformation and Its Impacts
Type
article
Field-Weighted Citation Impact
8.40
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article

Retractions: Updating from Complex Information

Duarte Gonçalves, Jonathan Libgober, Jack Willis
3 citations
The Review of Economic Studies
Misinformation and Its Impacts
8.40
article

Retractions: Updating from Complex Information

Duarte Gonçalves, Jonathan Libgober, Jack Willis
article en
3 citations

Abstract

Abstract We modify a canonical experimental design to identify the effectiveness of retractions. Comparing beliefs after retractions to beliefs (1) without the retracted information and (2) after equivalent new information, we find that retractions result in diminished belief updating in both cases. We propose this reflects updating from retractions being more complex, and our analysis supports this: we find longer response times, lower accuracy, and higher variability. The results—robust across diverse participant groups and design variations—enhance our understanding of belief updating and offer insights into addressing misinformation.

The Review of Economic StudiesVol. 93(1)
University of Southern California (US), University College London (GB), Columbia University (US)
Openalex Percentile: Top 3%
Misinformation and Its Impacts
8.40
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Retractions: Updating from Complex Information — Duarte Gonçalves, Jonathan Libgober, et al. · The Review of Economic Studies (2025) | TGRS Research Map | TGRS