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A Rational Inattention Theory of Echo Chamber

Published:07 July 2023Publication History

ABSTRACT

We propose a theory of echo chamber based on rational inattention, i.e., the ability to allocate limited attention capacities across information sources in a rational, flexible, manner. Such a premise has become increasingly relevant in today's digital age, as people are inundated with information on the one hand, but can selectively choose which information sources to visit using personalization technologies on the other hand. Since [Sunstein, 2007] and [Pariser, 2011], it has been long suspected that rational inattention could engender a selective exposure to content and a formation of homogeneous opinion clusters. This paper develops a novel model to formalize this idea.

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      • Published in

        cover image ACM Conferences
        EC '23: Proceedings of the 24th ACM Conference on Economics and Computation
        July 2023
        1253 pages
        ISBN:9798400701047
        DOI:10.1145/3580507

        Copyright © 2023 Owner/Author(s)

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        Association for Computing Machinery

        New York, NY, United States

        Publication History

        • Published: 7 July 2023

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