Mar 6, 2024
579. Are You Caught in a Social Media Trap?
Economists 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 Evidence from Platinum Credit Cards," by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, and Gautam Rao (_NBER Working Paper, _2017).
* "'Acting Wife': Marriage Market Incentives and Labor Market Investments," by Leonardo Bursztyn, Thomas Fujiwara, and Amanda Pallais (_American Economic Review, _2017).
* "Measuring Crack Cocaine and Its Impact," by Roland G. Fryer Jr., Paul S. Heaton, Steven D. Levitt, and Kevin M. Murphy (_Economic Inquiry, _2013).
* EXTRAS:
* "Is Facebook Bad for Your Mental Health?" by _Freakonomics, M.D. _(2022).
* "Why Is U.S. Media So Negative?" by _Freakonomics Radio _(2021).