Suen, Richard M. H. (2025): Biased Information and Opinion Polarisation.
Preview |
PDF
MPRA_paper_124953.pdf Download (447kB) | Preview |
Abstract
Why do people form polarised opinions after receiving the same information? Why does disagreement persist even when public information is abundant? We show that a Bayesian model with potentially biased public signals can answer these questions. When agents are uncertain and disagree about the bias in the signals, persistent disagreement and opinion polarisation can readily emerge. This happens because uncertainty surrounding the bias Induces agents with diverse initial beliefs to form drastically different posterior estimates. Prolonged exposure to these signals can in some cases drive the agents' opinions further away from each other and also further away from the truth.
Item Type: | MPRA Paper |
---|---|
Original Title: | Biased Information and Opinion Polarisation |
Language: | English |
Keywords: | Bayesian Learning, Biased Signals, Disagreement, Opinion Polarisation. |
Subjects: | C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C11 - Bayesian Analysis: General D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness |
Item ID: | 124953 |
Depositing User: | Richard M. H. Suen |
Date Deposited: | 30 Jun 2025 13:22 |
Last Modified: | 30 Jun 2025 13:22 |
References: | Acemoglu, D., V. Chernozhukov and M. Yildiz (2016) "Fragility of Asymptotic Agreement under Bayesian Learning," Theoretical Economics, vol. 11, pp.187-225. Andreoni, J., and T. Mylovanov (2012) "Diverging Opinions," American Economic Journal: Microeconomics, vol. 4 (1), pp.209-232. Aytimur, R. E., and R. M. H. Suen (2024) "Information Quality, Disagreement and Political Polarisation," unpublished manuscript. Baliga, S., E. Hanany and P. Klibano¤ (2013) "Polarization and Ambiguity," American Economic Review, vol. 103 (7), pp.3071-3083. Blackwell, D., and L. Dubins (1962) "Merging of Opinions with Increasing Information," Annals of Mathematical Statistics, vol. 33 (3), pp.882-886. Bullock, J. G. (2009) "Partisan Bias and the Bayesian Ideal in the Study of Public Opinion," Journal of Politics, vol. 71 (3), pp.1109-1124. Chamley, C. P. (2004) Rational Herds. Cambridge University Press. Cambridge, UK. DeGroot, M. H. (1970) Optimal Statistical Decisions. John Wiley & Sons. New Jersey. Diaconis, P., and D. Ylvisaker (1979) "Conjugate Priors for Exponential Families," Annals of Statistics, vol. 7 (2), pp.269-281. Dixit, A. K., and J. W. Weibull (2007) "Political Polarization," Proceedings of the National Academy of Sciences, vol. 104 (18), pp.7351-7356. Gallup (2024) "Americans' Trust in Media Remains at Trend Low," https://news.gallup.com/poll/651977/americans -trust-media-remains-trend-low.aspx. Garz, M., G. Sood, D. F. Stone and J. Wallace (2020) "The Supply of Media Slant across Outlets and Demand for Slant within Outlets: Evidence from US Presidential Campaign News," European Journal of Political Economy, vol. 63, article no. 101877. Heidhues, P., B. Köszegi and P. Strack (2018) "Unrealistic Expectations and Misguided Learning," Econometrica, vol. 86 (4), pp.1159-1214. Kondor, P. (2012) "The More We Know about the Fundamental, The Less We Agree on the Price," Review of Economic Studies, vol. 79, pp.1175-1207. Liang, A., and X. Mu (2020) "Complementary Information and Learning Traps," Quarterly Journal of Economics, pp.389-448. Little, T. A., and T. B. Pepinsky (2021) "Learning from Biased Research Designs," Journal of Politics, vol. 83 (2), pp.602-616. Little, T. A., A. Mack and T. B. Pepinsky (2025) "Biased Learning from Elections," unpublished manuscript. Newman, N., R. Fletcher, C. T. Robertson, A. Ross Arguedas, and R. K. Nielsen (2024) Reuters Institute digital news report 2024. The Reuters Institute for the Study of Journalism, Oxford, UK. Puglisi, R., and J. M. Snyder Jr. (2015) "Empirical Studies of Media Bias," in Handbook of Media Economics, vol. 1, edited by S. P. Anderson, J. Waldfogel and D. Strömberg, pp.647-667. Elvesier. 45 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/124953 |