CEU eTD Collection (2016); Abasov, Maksat: Social Learning and Media

CEU Electronic Theses and Dissertations, 2016
Author Abasov, Maksat
Title Social Learning and Media
Summary This paper builds theoretical models of social learning under assumption that agents are subject to different biases. The first part of the paper examines the effect of such biases on the consensus and convergence speed. I find that consensus must be reached in such societies, whereas convergence speed, is distorted significantly by these biases. In the second part, I build a model of dynamic media communication and find that correlation in beliefs in the society leads to a long-term slanting behavior of media outlets.
Supervisor Mantegna, Rozario Nunzio
Department Economics MA
Full texthttps://www.etd.ceu.edu/2016/abasov_maksat.pdf

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