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Polarization in strategic networks

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  • Kivinen, Steven

Abstract

A model of social learning and strategic network formation is developed with distance-based utility and cognitive dissonance. For intermediate costs, stable networks exhibit realistic properties and belief polarization increases with small increases in available information.

Suggested Citation

  • Kivinen, Steven, 2017. "Polarization in strategic networks," Economics Letters, Elsevier, vol. 154(C), pages 81-83.
    • Handle: RePEc:eee:ecolet:v:154:y:2017:i:c:p:81-83
    DOI: 10.1016/j.econlet.2017.02.032
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    References listed on IDEAS

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    1. Arifovic, Jasmina & Eaton, B. Curtis & Walker, Graeme, 2015. "The coevolution of beliefs and networks," Journal of Economic Behavior & Organization, Elsevier, vol. 120(C), pages 46-63.
    2. Matthew O. Jackson & Brian W. Rogers, 2005. "The Economics of Small Worlds," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 617-627, 04/05.
    3. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
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    Cited by:

    1. Kivinen, Steven & Tumennasan, Norovsambuu, 2019. "Consensus in social networks: Revisited," Journal of Mathematical Economics, Elsevier, vol. 83(C), pages 11-18.

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    More about this item

    Keywords

    Social learning; Network formation; Cooperative games;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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