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Group identity and belief formation: a decomposition of political polarization

  • How does group identity affect belief formation? To address this question, we conduct a series of online experiments with a representative sample of individuals in the US. Using the setting of the 2020 US presidential election, we find evidence of intergroup preference across three distinct components of the belief formation cycle: a biased prior belief, avoid-ance of outgroup information sources, and a belief-updating process that places greater (less) weight on prior (new) information. We further find that an intervention reducing the salience of information sources decreases outgroup information avoidance by 50%. In a social learn-ing context in wave 2, we find participants place 33% more weight on ingroup than outgroup guesses. Through two waves of interventions, we identify source utility as the mechanism driving group effects in belief formation. Our analyses indicate that our observed effects are driven by groupy participants who exhibit stable and consistent intergroup preferences in both allocation decisions and belief formation across all three waves. These results suggest that policymakers could reduce the salience of group and partisan identity associated with a policy to decrease outgroup information avoidance and increase policy uptake.

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Metadaten
Verfasserangaben:Kevin BauerORCiDGND, Yan Chen, Florian HettGND, Michael KosfeldORCiDGND
URN:urn:nbn:de:hebis:30:3-715416
URL:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4670473
DOI:https://doi.org/10.2139/ssrn.4670473
Schriftenreihe (Bandnummer):SAFE working paper (409)
Verlag:SAFE
Verlagsort:Frankfurt am Main
Dokumentart:Arbeitspapier
Sprache:Englisch
Jahr der Fertigstellung:2023
Jahr der Erstveröffentlichung:2023
Veröffentlichende Institution:Universitätsbibliothek Johann Christian Senckenberg
Datum der Freischaltung:08.01.2024
Freies Schlagwort / Tag:group identity; information demand; information processing; political polarization
Auflage:December 19, 2023
Seitenzahl:137
Bemerkung:
JEL-Klassifikation: D47 Market Design
Bemerkung:
The research was financially supported by the Leibniz Institute for financial Research SAFE and the University of Michigan.
HeBIS-PPN:515414557
Institute:Wirtschaftswissenschaften / Wirtschaftswissenschaften
Wissenschaftliche Zentren und koordinierte Programme / House of Finance (HoF)
Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS)
Wissenschaftliche Zentren und koordinierte Programme / Sustainable Architecture for Finance in Europe (SAFE)
DDC-Klassifikation:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
JEL-Klassifikation:C Mathematical and Quantitative Methods / C7 Game Theory and Bargaining Theory / C78 Bargaining Theory; Matching Theory
C Mathematical and Quantitative Methods / C9 Design of Experiments / C92 Laboratory, Group Behavior
D Microeconomics / D8 Information, Knowledge, and Uncertainty / D82 Asymmetric and Private Information
Sammlungen:Universitätspublikationen
Lizenz (Deutsch):License LogoDeutsches Urheberrecht