Optimal Echo Chambers

Abstract

How much attention should you pay those you disagree with on factual matters?Not as much—they are less likely to be right. We model a decision maker drawing a signal from a collection of unbiased sources of heterogeneous quality. If she is able to sample based on signal content, changing the relative likelihood of receiving each possible signal, we show that her optimal sampling strategy puts more weight on signals closer to the prior expectation.

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