CeDEx Seminar - Simone Galperti (UC San Diego)

Location
via Zoom
Date(s)
Wednesday 4th May 2022 (14:00-15:00)
Description

False Narratives and Political Mobilization

We present an equilibrium model of politics as a battle between narratives over public opinion. We conceptualize narratives as subjective models that attribute a commonly valued outcome to potentially spurious) postulated causes. When quantified against empirical observations, these models generate a belief over the outcome as a function of its postulated causes. In our setting, a political platform consists of a policy, a coalition of social groups with diverse intrinsic attitudes to policies, and a narrative. Coalition members share a belief that is induced by their common narrative. The intensity of this belief and the intrinsic attitudes to the policy determine the strength of the coalition's mobilization. Only platforms that generate maximal mobilization prevail in equilibrium. Our equilibrium characterization demonstrates how false narratives can be detrimental for the common good, and how political fragmentation leads to their proliferation. The false narratives that emerge in equilibrium attribute good outcomes to the exclusion of social groups from ruling coalitions.

Centre for Decision Research and Experimental Economics

Sir Clive Granger Building
University of Nottingham
University Park
Nottingham, NG7 2RD

telephone: +44 (0)115 951 5458
Enquiries: jose.guinotsaporta@nottingham.ac.uk
Experiments: cedex@nottingham.ac.uk