 Dynamic opinion updating with endogenous networksUgo Bolletta and Paolo Pin European Economic Review, 2025, vol. 176, issue C Abstract: Polarization is a well-documented phenomenon across a wide range of social issues. However, existing theories often treat the evolution of individual opinions and the formation of social networks as separate processes. In this study, we examine how individuals dynamically adjust their opinions while simultaneously forming and dissolving social connections, highlighting the interconnected nature of these behaviors. Our model is based on two key parameters: the direct benefit individuals receive from social connections and their willingness to adapt their opinions to align with their social circle. We identify conditions under which the network fails to achieve full connectivity, leading to persistent polarization of opinions. Additionally, our model demonstrates that polarization can temporarily increase during the transition to consensus, depending on the initial distribution of opinions and network structure. We explore the connection between these scenarios and a critical network metric: the initial diameter, under specific conditions related to the initial distribution of opinions. Keywords: Network formation; Naive learning; Opinion polarization; Echo chambers (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:176:y:2025:i:c:s0014292125000959 DOI: 10.1016/j.euroecorev.2025.105045 Access Statistics for this article European Economic Review is currently edited by T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer More articles in European Economic Review from Elsevier |
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