In this note, we provide evidence that motivated reasoning can be a source of discriminatory beliefs. We employ a representative survey experiment where we exogenously manipulate the presence of a need for justification of anti-social behavior towards an out-group. We provide causal evidence...

We investigate financial experts' beliefs about climate risk pricing and analyze how those beliefs influence stock return expectations. In a comprehensive survey, we elicit experts' beliefs using both structured and open-ended questions. We establish that most experts share the view that climate...

For most decisions, we rely on information encountered over the course of days, months or years. We consume this information in various forms, including abstract summaries of multiple data points - statistics - and contextualized anecdotes about individual instances - stories. This paper...

In this article, we review the economics literature on the motivated recall of information. Summarizing both theoretical and empirical work, we highlight key results this literature has produced. We also discuss methodological issues when studying motivated memory. We conclude by highlighting...