BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//132.216.98.100//NONSGML kigkonsult.se iCalcreator 2.20.4//
BEGIN:VEVENT
UID:20251107T163648EST-05587zSVnE@132.216.98.100
DTSTAMP:20251107T213648Z
DESCRIPTION:“Social Connectedness and the Market for Information”\n\nRachel
  Kranton (Duke)\n	September 16\, 2022\, 3:30 to 5:00 PM\n	Leacock 429\n\nHos
 t: Leonie Baumann\n	Field: Theory\n\nAbstract:\n	This paper introduces a sim
 ple model of contemporary information markets: Consumers prefer high-quali
 ty information\, judiciously sharing stories and posts. High-quality stori
 es are costly to produce\, and overall quality is endogenous. When produce
 rs’ payoffs derive from how many consumers see their stories\, quality is 
 highest when social connectedness is neither too high nor too low. In high
 ly-connected markets\, low-quality stories are widely seen and dominate. T
 hird-party misinformation can increase high-quality output\, since consume
 rs share more judiciously. When producers’ payoffs depend on consumer acti
 ons (e.g\, votes or purchases) and consumers are highly connected\, consum
 ers perfectly infer quality and misinformation has no impact.\n
DTSTART:20220916T193000Z
DTEND:20220916T210000Z
LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r
 ue Sherbrooke Ouest
SUMMARY:Rachel Kranton (Duke)\, 'Social Connectedness and the Market for In
 formation'
URL:/economics/channels/event/rachel-kranton-duke-soci
 al-connectedness-and-market-information-340399
END:VEVENT
END:VCALENDAR