579. Are You Caught in a Social Media Trap?
7 March - 42 minsEconomists have discovered an odd phenomenon: many people who use social media (even you, maybe?) wish it didn’t exist. But that doesn’t mean they can escape.
SOURCES:Leonardo Bursztyn, professor of economics at the University of Chicago.Benjamin Handel, professor of economics at the University of California, Berkeley.
RESOURCES:"When Product Markets Become Collective Traps: The Case of Social Media," by Leonardo Bursztyn, Benjamin Handel, Rafael Jimenez, and Christopher Roth (NBER Working Paper, 2023)."Social Media and Xenophobia: Evidence from Russia," by Leonardo Bursztyn, Georgy Egorov, Ruben Enikolopov, and Maria Petrova (NBER Working Paper, 2019)."Status Goods: Experimental Evide...
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