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Opinion Dynamics via Search Engines (and other Algorithmic Gatekeepers)

Fabrizio Germano and Francesco Sobbrio

Papers from arXiv.org

Abstract: Ranking algorithms are the information gatekeepers of the Internet era. We develop a stylized model to study the effects of ranking algorithms on opinion dynamics. We consider a search engine that uses an algorithm based on popularity and on personalization. We find that popularity-based rankings generate an advantage of the fewer effect: fewer websites reporting a given signal attract relatively more traffic overall. This highlights a novel, ranking-driven channel that explains the diffusion of misinformation, as websites reporting incorrect information may attract an amplified amount of traffic precisely because they are few. Furthermore, when individuals provide sufficiently positive feedback to the ranking algorithm, popularity-based rankings tend to aggregate information while personalization acts in the opposite direction.

Date: 2018-10, Revised 2018-10
New Economics Papers: this item is included in nep-cmp and nep-mic
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Citations: View citations in EconPapers (2)

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http://arxiv.org/pdf/1810.06973 Latest version (application/pdf)

Related works:
Journal Article: Opinion dynamics via search engines (and other algorithmic gatekeepers) (2020) Downloads
Working Paper: Opinion dynamics via search engines (and other algorithmic gatekeepers) (2018) Downloads
Working Paper: Opinion Dynamics via Search Engines (and other Algorithmic Gatekeepers) (2017) Downloads
Working Paper: Opinion Dynamics via Search Engines (and other Algorithmic Gatekeepers) (2017) Downloads
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