In this review, we survey the economics literature on echo chambers. We identify echo
chambers as arising from a combination of two phenomena:(a) the choice of individuals to …

Standard labor market models assume that workers hold accurate beliefs about the external
wage distribution, and hence their outside options with other employers. We test this …

In 2001, Norwegian tax records became easily accessible online, allowing everyone in the
country to observe the incomes of everyone else. According to the income comparisons …

A collective action or revolt succeeds only if sufficiently many people participate. We study
how potential revolutionaries' ability to coordinate is affected by what they learn from …

We exhibit a natural environment, social learning among heterogeneous agents, where
even slight misperceptions can have a large negative impact on long‐run learning …

This paper develops a general framework to study how misinterpreting information impacts
learning. Our main result is a simple criterion to characterize long‐run beliefs based on the …

Although there is abundant evidence on individual preferences for policies that reduce
national inequality, there is very little evidence on preferences for policies addressing global …

Using transaction data from a large non-fungible token (NFT) trading platform, this paper
examines how the behavioral bias of selection-neglect interacts with extrapolative beliefs …

Different agents need to make a prediction. They observe identical data, but have different
models: they predict using different explanatory variables. We study which agent believes …

Some of today's most heated policy debates about Brexit, trade wars, climate change
abatement, and migration involve redistribution of resources within a given country (national …