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"Pictures are worth many words: Effectiveness of visual communication in dispelling the rent–control misconception"

Author

Listed:
  • Jordi Brandts

    (Instituto de Análisis Económico and Barcelona School of Economics.)

  • Isabel Busom

    (Universitat Autònoma de Barcelona.)

  • Cristina Lopez-Mayan

    (Serra Húnter Fellow and AQR-IREA, Universitat de Barcelona.)

  • Judith Panadés

    (Universitat Autònoma de Barcelona and Barcelona School of Economics.)

Abstract

The popular belief that rent–control leads to an increase in the amount of affordable housing is in contradiction with ample empirical evidence and congruent theoretical explanations. It can therefore be qualified as a misconception. We present the results of a preregistered on–line experiment in which we study how to dispel this misconception using a refutational approach both in a video and in a text format. Communication in a video format comes closer to how citizens are typically exposed to information. We find that the refutational video has a significantly higher positive impact on revising the misconception than a refutational text, an effect that is driven by the departure from the misconception by individuals who initially agreed with it. The refutational text, in turn, does not have a significant impact relative to a non–refutational baseline text. Higher cognitive reflective ability positively affects the impact on beliefs of all interventions. Our research shows that visual communication effectively reduces the gap between scientific economic knowledge and the views of citizens.

Suggested Citation

  • Jordi Brandts & Isabel Busom & Cristina Lopez-Mayan & Judith Panadés, 2022. ""Pictures are worth many words: Effectiveness of visual communication in dispelling the rent–control misconception"," IREA Working Papers 202203, University of Barcelona, Research Institute of Applied Economics, revised Feb 2022.
  • Handle: RePEc:ira:wpaper:202203
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    References listed on IDEAS

    as
    1. Brian Asquith, 2019. "Do Rent Increases Reduce the Housing Supply Under Rent Control? Evidence from Evictions in San Francisco," Upjohn Working Papers 19-296, W.E. Upjohn Institute for Employment Research.
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    More about this item

    Keywords

    Misconceptions; Written and visual communication; Refutation; Persuasion; Online experiment. JEL classification: A12; A2; D9; I2.;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • I2 - Health, Education, and Welfare - - Education

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