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May 16, 2026AEA Papers and Proceedings2 citations

The Power of Anecdotes

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ABArjada BardhiNBNina Bobkova

Key Points

  • This research explores how anecdotes can effectively persuade individuals by reshaping their beliefs about aggregate statistics.
  • Formalized a sender-receiver framework to analyze anecdotal influence.
  • Identified optimal anecdote selection criteria based on case correlation and rarity.
  • Outlined a two-stage procedure for selecting persuasive anecdotes.
  • Anecdotes reveal information about similar cases, influencing beliefs about statistics.
  • Optimal anecdote selection significantly affects the effectiveness of communication.
  • Receiver preferences may differ from sender intentions regarding anecdotal effectiveness.

Abstract

Anecdotes pervade public discourse. In a sender-receiver framework, we formalize why anecdotes persuade even when an aggregate statistic—rather than individual cases—is what matters. A single anecdote reveals information about similar cases, shifting beliefs about the statistic through correlation. The optimal anecdote balances reach—how correlated it is to other cases—against rarity—how surprising good news would be. Optimal anecdote selection follows a two-stage procedure: First identify cases persuasive enough upon good news, then choose the case most likely to deliver such news. The sender's optimal, receiver's preferred, and most informative anecdotes can diverge markedly.

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Cite This Study

Bardhi et al. (2026) studied this question.

synapsesocial.com/papers/6a080a9fa487c87a6a40c8b8https://doi.org/10.1257/pandp.20261118
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