Truth Markets
20 Pages Posted: 24 Jan 2023
Date Written: January 16, 2023
Abstract
A growing chorus of legal scholars and policy makers have decried the proliferation of false information on the Internet--e.g. fake news, conspiracy theories, and the like--while at the same time downplaying the dangers of Internet censorship, including shadow bans, arbitrary or selective enforcement of content moderation policies, and other forms of Internet speech suppression. This Article proposes a simple alternative to censorship: a truth market.
Keywords: conspiracy theories, fake news, false information, Internet, truth markets, belief contracts, beauty contests
JEL Classification: D89, K24, K19
Suggested Citation: Suggested Citation