The Economics of Social Media
Journal of Economic Literature,
Год журнала:
2024,
Номер
62(4), С. 1422 - 1474
Опубликована: Дек. 1, 2024
We
provide
a
guide
to
the
burgeoning
literature
on
economics
of
social
media.
first
define
media
platforms
and
highlight
their
unique
features.
then
synthesize
main
lessons
from
empirical
organize
them
around
three
stages
life
cycle
content:
(i)
production,
(ii)
distribution,
(iii)
consumption.
Under
we
discuss
how
incentives
affect
content
produced
off
harmful
is
moderated.
network
structure,
algorithms,
targeted
advertisements.
consumption,
affects
individuals
who
consume
its
society
at
large,
explore
consumer
substitution
patterns
across
platforms.
Throughout
guide,
examine
case
studies
deterrence
misinformation,
segregation,
political
advertisements,
effects
outcomes.
conclude
with
brief
discussion
future
(JEL
D12,
D72,
D83,
D91,
I31,
L82,
M37)
Язык: Английский
The Economics of Social Media
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
We
review
the
burgeoning
literature
on
economics
of
social
media,
which
has
become
ubiquitous
in
modern
economy
and
fundamentally
changed
how
people
interact.
first
define
media
platforms
isolate
features
that
distinguish
them
from
traditional
other
digital
platforms.
then
synthesize
main
lessons
empirical
organize
around
three
stages
life
cycle
user-generated
content:
(1)
production,
(2)
distribution,
(3)
consumption.
Under
we
discuss
incentives
affect
content
produced
off
harmful
is
moderated.
network
structure,
algorithms,
targeted
advertisements.
consumption,
affects
individuals
who
consume
its
society
at
large,
consumer
substitution
patterns
across
Throughout
review,
delve
into
case
studies
examining
deterrence
misinformation,
segregation,
political
advertisements,
effects
outcomes.
conclude
with
a
brief
discussion
future
media.
Язык: Английский
A Model of Harmful Yet Engaging Content on Social Media
AEA Papers and Proceedings,
Год журнала:
2024,
Номер
114, С. 678 - 683
Опубликована: Май 1, 2024
Why
do
social
media
users
spend
so
much
time
consuming
content
that
seemingly
harms
them?
We
build
a
simple
model
to
argue
advertising-driven
platforms
can
find
it
profitable
display
when
is
complementary
their
spent
on
the
platform.
These
incentives
disappear,
absent
network
effects,
in
case
of
subscription-based
business
because
harmful
reduces
willingness
pay
for
Our
results
warn
against
interpreting
increases
engagement
as
welfare
increases.
Язык: Английский
Socializing Alone: How Online Homophily Has Undermined Social Cohesion in the US
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
Download
This
Paper
Open
PDF
in
Browser
Add
to
My
Library
Share:
Permalink
Using
these
links
will
ensure
access
this
page
indefinitely
Copy
URL
DOI
Язык: Английский
Debunking “fake news” on social media: Immediate and short-term effects of fact-checking and media literacy interventions
L. Berger,
Anna Kerkhof,
Felix Mindl
и другие.
Journal of Public Economics,
Год журнала:
2025,
Номер
245, С. 105345 - 105345
Опубликована: Апрель 7, 2025
Язык: Английский
The Spread of (Mis)Information: A Social Media Experiment in Pakistan
Опубликована: Янв. 1, 2025
Язык: Английский
Why Do Investors Rely on Low-Quality Investment Advice? Experimental Evidence from Social Media Platforms
Behavioral Research in Accounting,
Год журнала:
2024,
Номер
unknown, С. 1 - 19
Опубликована: Май 1, 2024
ABSTRACT
We
report
the
results
of
a
series
experiments
showing
that
individual
investors
rely
on
low-quality
investment
advice
from
social
media
platforms,
especially
when
is
negative.
Our
also
suggest
reasons
for
investors’
reliance.
Some
believe
they
should
advice,
suggesting
reliance
sometimes
due
to
lack
knowledge
about
advice’s
predictive
value.
However,
influences
judgments
even
among
who
not
and
did
advice.
This
unintentional
stems
tendency
automatically
accept
information
it
initially
provided.
Prompting
consider
credibility
their
sources
before
view
reduces
influence.
findings
regulators
interested
in
reducing
augment
knowledge-oriented
education
with
process-oriented
interventions.
Data
Availability:
Contact
authors.
JEL
Classifications:
D83;
D91;
G41;
M41.
Язык: Английский
Fact-Checking Politicians
SSRN Electronic Journal,
Год журнала:
2022,
Номер
unknown
Опубликована: Янв. 1, 2022
We
investigate
the
reaction
of
Italian
Members
Parliament
to
a
rigorous
fact-checking
their
public
statements.
Our
research
design
relies
on
novel
randomized
field
experiment
in
collaboration
with
leading
company.
results
show
that
politicians
are
responsive
negative
fact-checking.
Specifically,
we
observe
significative
reduction
number
incorrect
statements
made
by
after
being
treated.
This
effect
persists
for
at
least
two
months.
also
probability
making
verifiable
statements,
suggesting
may
increase
ambiguity
politicians'
Язык: Английский
The Economics of Social Media
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
We
review
the
burgeoning
literature
on
economics
of
social
media,
which
has
become
ubiquitous
in
modern
economy
and
fundamentally
changed
how
people
interact.
first
define
media
platforms
isolate
features
that
distinguish
them
from
traditional
other
digital
platforms.
then
synthesize
main
lessons
empirical
organize
around
three
stages
life
cycle
user-generated
content:
(1)
production,
(2)
distribution,
(3)
consumption.
Under
we
discuss
incentives
affect
content
produced
off
harmful
is
moderated.
network
structure,
algorithms,
targeted
advertisements.
consumption,
affects
individuals
who
consume
its
society
at
large,
consumer
substitution
patterns
across
Throughout
review,
delve
into
case
studies
examining
deterrence
misinformation,
segregation,
political
advertisements,
effects
outcomes.
conclude
with
a
brief
discussion
future
media.
Язык: Английский
Learning versus Unlearning: An Experiment on Retractions
Опубликована: Ноя. 1, 2021
We
modify
a
canonical
experimental
design
to
identify
the
effectiveness
of
retractions.Comparing
beliefs
after
retractions
(a)
without
retracted
information
and
(b)
equivalent
new
information,
we
find
that
result
in
diminished
belief
updating
both
cases.We
propose
this
reflects
from
being
more
complex,
our
analysis
supports
this:
longer
response
times,
lower
accuracy,
higher
variability.The
results-robust
across
diverse
subject
groups
variations-enhance
understanding
offer
insights
into
addressing
misinformation.
Язык: Английский