“…As discussed later, this design also shows that motivated reasoning is hard to reconcile with utility-maximizing beliefs like those in Brunnermeier and Parker (2005); Benabou and Tirole (2011);or Mobius et al (2014). 4 Papers that find asymmetric responses to information on these topics include: Taber and Lodge (2006) [gun laws]; Alesina, Stantcheva, and Teso (2018) [upward mobility]; Cappelen, Haaland, and Tungodden (2018) [responses to taxation]; Haaland and Roth (2019) [racial labor market discrimination]; Sarsons (2017), Kunda and Sinclair (1999), and Iyengar and Westwood (2015) [gender and performance]; Alesina, Miano, and Stantcheva (2018), Haaland and Roth (2018), and Druckman, Peterson, and Slothuus (2013) [impact of immigrants]; Nyhan and Reifler (2013) and Nyhan, Reifler, and Ubel (2013) relative to others. I also test for potential confounds that may occur with this experimental design, such as if subjects systematically misreport their median belief or misinterpret the experiment's definitions of True News and Fake News, and find that the results are unlikely to be explained by these alternative hypotheses.…”