Disagreement in a Naive Model of Attitude Formation: Comparative Statics Results
Isabel Melguizo
Revista de Economía del Rosario, 2020, vol. 23, issue 2, No 18217, 24 pages
Abstract:
This paper further studies the persistence of disagreement in a model similar to Melguizo (2019), by relaxing two essential assumptions. First, attitudes are random variables, and second, individuals may be homophilous at different extents. Regarding the first extension, the finding is that disagreement persists with the highestn probability across the attribute that exhibits the highest mean of the distribution of initial differences in average attitudes. Regarding the second one, the finding is that the magnitude of disagreement and the speed of convergence to it, increase with respect to the case in which individuals are homophilous to the same extent.
Keywords: Disagreement; homophily; average-based updating (search for similar items in EconPapers)
JEL-codes: D83 D85 Z13 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:col:000151:018217
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