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Misinformation due to asymmetric information sharing

Dados Bibliográficos

ID7523216
AutoresBerno Buechel (0000-0001-8709-7877, University of Fribourg, autor correspondente), Stefan Klößner (0000-0002-6558-7370, University of Vechta), Fanyuan Meng (0000-0002-7825-8509, University of Fribourg), Anis Nassar (University of Fribourg)
Ano2023
Volume150
Páginas104641-104641
Data de publicação2023-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJournal of Economic Dynamics and Control (JOURNAL)
Identificadores do periódicoISSN: 0165-1889 • E-ISSN: 1879-1743
EditoraElsevier BV (PUBLISHER)
DOI10.1016/j.jedc.2023.104641
OpenAlexW4362509376
IdiomaEN
Citações recebidas3
Referências citadas42

On social media platforms, true and false information compete. Importantly, some messages travel much further than others, even if they concern the same topic. This fact is not reflected in models of social learning (or opinion formation) in networks. Our model fills this gap by allowing different types of information to have different decay factors and to be shared with different networks of people, incorporating asymmetries in sharing behaviors. More “shareable” information then dominates in the long run. This yields a substantial probability of misinformation, in contrast to the special case of symmetry covered by the literature. Asymptotic learning requires a perfect balance between two types of asymmetry: the product of decay factor and largest eigenvalue in the respective signal sharing networks must coincide. Approaching this balance reduces the speed of convergence and enables social learning in the shorter term. Our analysis thus suggests that policy makers, who do not know the true state, aim to mitigate asymmetries in signal sharing, e.g. by weakening echo chambers or by fostering the shareability of cumbersome, boring messages

Asymmetry · Balance (ability · Business · Computer security · Economics · Information asymmetry · Information sharing · Internet privacy · Knowledge management · Microeconomics · Misinformation · Physics · Product (mathematics · Social learning · Social media · World Wide Web · Complex Network Analysis Techniques · Computer Science · Mathematics · Misinformation and Its Impacts · Opinion Dynamics and Social Influence · Psychology

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Obras citantes distintas3
Citações por ano0,43
Intervalo de citações2019 - 2024 (6)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 3
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