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The prevalence of false and misleading news has become an issue of great concern in recent years. Academic researchers, policy makers, and social media firms all continue to seek effective solutions to reduce the sharing of misinformation. In this paper, we evaluate the effectiveness of two...
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I model people in a coordination game who use a communication network to tell each other their willingness to … participate. The minimal sufficient networks for coordination can be interpreted as placing people into ahierarchy of social roles … or "stages": "initial adopters", then "followers", and so on down to "late adopters". A communication network helps …
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Ever since Becker and Watts (1996) and, more recently, Watts and Schaur (2011) found that economic educators rely heavily on “chalk and talk” as a primary teaching method, economic educators have been seeking new ways to engage students and improve learning outcomes. Recently, the use of...
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There are many situations in which a customer’s proclivity to buy the product of any firm depends not only on the classical attributes of the product such as its price and quality, but also on who else is buying the same product. Under quite general circumstances, it turns out that...
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In this study, we investigate a newspaper's decision to expand its product line by adding an online edition that incorporates user-generated content, and the impact of this decision on its slanting of news. We demonstrate that adding an online edition results in reduced profits for competing...
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