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What makes an opinion leader: Expertise vs popularity
Södertörn University, School of Social Sciences, Economics.
2023 (English)In: Games and Economic Behavior, ISSN 0899-8256, E-ISSN 1090-2473, Vol. 138, p. 355-372Article in journal (Refereed) Published
Abstract [en]

This paper studies learning through social networks in which agents update their beliefs by weighting those of their peers. We allow agents to pay little attention to peers with poor information at first, but more later on, as that peer acquires better information from more knowledgeable agents. We derive explicitly how social influence depends on agents' popularity (eigenvector centrality) and expertise (information precision) and show that even completely uninformed agents can contribute to social learning. In certain cases, providing better information to extremely popular agents may distract attention from the views of the experts, and lead society to worse assessments.

Place, publisher, year, edition, pages
Elsevier, 2023. Vol. 138, p. 355-372
Keywords [en]
Social networks, Social learning, Information diffusion, Opinion leadership, Social influence, Belief formation
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-51175DOI: 10.1016/j.geb.2023.01.003ISI: 000929429500001Scopus ID: 2-s2.0-85149757569OAI: oai:DiVA.org:sh-51175DiVA, id: diva2:1742912
Funder
The Jan Wallander and Tom Hedelius Foundation, H2012-0361:1; W2016-0356:1Available from: 2023-03-13 Created: 2023-03-13 Last updated: 2023-03-24Bibliographically approved

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Rapanos, Theodoros

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  • apa
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  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
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  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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Output format
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