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Tuval Danenberg

Publications and source records attributed to Tuval Danenberg.

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Bayesian Polarization

Discussions of political disagreement emphasize two patterns: polarization, where beliefs diverge toward opposite extremes on each issue dimension; and issue alignment, where individuals' views across issues become more internally consistent. We show that both can simultaneously arise under Bayesian learning from public information. We characterize the public signals that can induce persistent polarization on all dimensions and find that evidence of issue alignment can polarize Bayesian agents. However, we show that even stronger notions of polarization, requiring divergence beyond marginal beliefs, are inconsistent with Bayesian rationality. Whether multidimensional belief polarization translates into divergent aggregate positions depends on cross-issue separability.

econ.TH

Endogenous Attention and the Spread of False News (Extended Cut)

We study the impact of endogenous attention in a dynamic social media model. Each period, a user observes a random story and decides whether to share it. Users like sharing true and interesting stories, but identifying false stories requires costly attention. Depending on parameters, the system exhibits either a unique limit or strong path dependence. Endogenous attention responds to changes in false story credibility, so reducing credibility can boost their prevalence. Increases in the exogenous production rate of false stories can be amplified by users' sharing decisions. Increasing users' capacity to reach others amplifies both true and false stories; we identify conditions under which the net effect favors truth over falsehood.

econ.TH