Discovery Projects - Grant ID: DP240103257

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP240103257

Funding Status
Active

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Funded Activity Summary

The economics of (mis)information in the age of social media. New media technologies allow anyone to broadcast their views, leading to a “cacophony of voices” where misinformation flourishes.  Tools from information economics are tailor-made for understanding information consumption in settings with many biased news sources. We develop economic models where many sources compete to attract and influence heterogenous listeners. We then study how misinformation spreads and amplifies when consumers of information communicate with many others through a social network. Finally, we study how to design simple and robust rules to foster informative discourse and filter misinformation. The results will shape economic policy recommendations for regulating misinformation in media platforms and social media.

Funded Activity Details

Start Date: 01-01-2024

End Date: 31-12-2027

Funding Scheme: Discovery Projects

Funding Amount: $214,056.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Experimental economics | Microeconomic theory | Economic theory

ANZSRC Socio-Economic Objective (SEO)

Other Keywords

Economic theory | Expanding Knowledge In Economics | Experimental economics | Microeconomic theory

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