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Why echo chambers are useful

Abstract:

Ole Jann, Christoph Schottmüller Why do people appear to forgo information by sorting into "echo chambers"? We construct a highly tractable multi-sender, multi-receiver cheap talk game in which players choose with whom to communicate. We show that segregation into small, homogeneous groups can improve everybody's information and generate Pareto-improvements. Polarized preferences create a need for segregation; uncertainty about preferences magnifies this need. Using data from Twitter, we...

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Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2018-10-02
Paper number:
857
Keywords:
Pubs id:
939005
Local pid:
pubs:939005
Deposit date:
2020-12-14

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