Trust and Manipulation in Social Networks

We investigate the role of manipulation in a model of opinion formation. Agents repeatedly communicate with their neighbors in the social network, can exert effort to manipulate the trust of others, and update their opinions about some common issue by taking weighted averages of neighbors' opinions. The incentives to manipulate are given by the agents' preferences. We show that manipulation can modify the trust structure and lead to a connected society. Manipulation fosters opinion leadership, but the manipulated agent may even gain influence on the long-run opinions. Finally, we investigate the tension between information aggregation and spread of misinformation.


Issue Date:
2014-05
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/172706
Total Pages:
33
JEL Codes:
D83; D85; Z13
Series Statement:
CCSD
50.2014




 Record created 2017-04-01, last modified 2017-08-27

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