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Digital Addiction
Allcott, Hunt; Gentzkow, Matthew Aaron; Song, Lena - National Bureau of Economic Research - 2021
Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects, suggesting social media are...
Persistent link: https://www.econbiz.de/10012585420
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Trends in the Diffusion of Misinformation on Social Media
Allcott, Hunt - 2019
measure trends in the diffusion of content from 569 fake news websites and 9,540 fake news stories on Facebook and Twitter … between January 2015 and July 2018. User interactions with false content rose steadily on both Facebook and Twitter through … rise on Twitter, with the ratio of Facebook engagements to Twitter shares decreasing by 60 percent. In comparison …
Persistent link: https://www.econbiz.de/10012479456
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The Welfare Effects of Social Media
Allcott, Hunt - 2019
addiction, depression, and political polarization. In a randomized experiment, we find that deactivating Facebook for the four …; (iii) increased subjective well-being; and (iv) caused a large persistent reduction in post-experiment Facebook use …. Deactivation reduced post-experiment valuations of Facebook, suggesting that traditional metrics may overstate consumer surplus …
Persistent link: https://www.econbiz.de/10012479470
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Social Media and Fake News in the 2016 Election
Allcott, Hunt - 2017
before the election, those favoring Trump were shared a total of 30 million times on Facebook, while those favoring Clinton …
Persistent link: https://www.econbiz.de/10012455592