The domain of “folk-economics” consists in explicit beliefs about the economy held by laypeople, untrained in economics, about such topics as, for example, the causes of the wealth of nations, the benefits or drawbacks of markets and international trade, the effects of regulation, the origins of inequality, the connection between work and wages, the economic consequences of immigration, or the possible causes of unemployment. These beliefs are crucial in forming people's political beliefs and in shaping their reception of different policies. (...) Yet, they often conflict with elementary principles of economic theory and are often described as the consequences of ignorance, irrationality, or specific biases. As we will argue, these past perspectives fail to predict the particular contents of popular folk-economic beliefs and, as a result, there is no systematic study of the cognitive factors involved in their emergence and cultural success. Here we propose that the cultural success of particular beliefs about the economy is predictable if we consider the influence of specialized, largely automatic inference systems that evolved as adaptations to ancestral human small-scale sociality. These systems, for which there is independent evidence, include free-rider detection, fairness-based partner choice, ownership intuitions, coalitional psychology, and more. Information about modern mass-market conditions activates these specific inference systems, resulting in particular intuitions, for example, that impersonal transactions are dangerous or that international trade is a zero-sum game. These intuitions in turn make specific policy proposals more likely than others to become intuitively compelling, and, as a consequence, exert a crucial influence on political choices. (shrink)

Note posted 9 Jun 08 : Modifications made today include a new section on predictive validity, and addition of recently published article and in in-press article, both by Nosek & Hansen, under the "CULTURE VS. PERSON" heading, which replaces a previously listed unpublished ms. of theirs. I continue to encourage all interested to send material that they are willing to be included on this page. Please also to let me know about errors, including faulty links.

Philosophers commonly define knowledge as justified true beliefs. A heated debate exists, however, about what makes a belief justified. In this article, we examine the question of belief justification from a psychological perspective, focusing on the subjective confidence in a belief that the person has just formed. Participants decided whether to accept or reject a proposition depicting a social belief, and indicated their confidence in their choice. The task was repeated six times, and choice latency was measured. The results were (...) analyzed within a Self-Consistency Model of subjective confidence. According to SCM, the decision to accept or reject a proposition is based on the on-line sampling of representations from a pool of representations associated with the proposition. Respondents behave like intuitive statisticians who infer the central tendency of a population based on a small sample. Confidence depends on the consistency with which the belief was supported across the sampled representations, and reflects the likelihood that a new sample will yield the same decision. The results supported the assumption of a commonly shared population of representations associated with each proposition. Based on this assumption, analyses of within-person consistency and cross-person consensus provided support for the model. As expected, choices that deviated from the person’s own modal judgment or from the consensually held judgment took relatively longer to form and were associated with relatively lower confidence, presumably because they were based on non-representative samples. The results were discussed in relation to major epistemological theories – foundationalism, coherentism and reliabilism. (shrink)

This theoretical article investigates the effects of media frames on individuals' judgments. In contrast to previous theorizing, we suggest that framing scholars should embrace both, on-line and memory-based judgment formation processes. Based on that premise, we propose a model that distinguishes between two phases of framing effects. Along the first phase, the media's framing contributes to the formation of an on-line or a memory-based judgment. The second phase describes six hypothetical routes for the stability or the change of these judgments: (...) maintenance, readjustment, crystallization, inoculation, persuasion, and attenuation. At the heart of our model, we try to extract predictors for each of those routes. Finally, the implications of the proposed model for future framing research are discussed. (shrink)