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dc.contributor.authorSethi, Rajiv
dc.contributor.authorYildiz, Muhamet
dc.date.accessioned2013-12-09T21:19:16Z
dc.date.available2013-12-09T21:19:16Z
dc.date.issued2012-08
dc.identifier.issn1945-7669
dc.identifier.issn1945-7685
dc.identifier.urihttp://hdl.handle.net/1721.1/82895
dc.description.abstractWe develop a model of deliberation under heterogeneous beliefs and incomplete information, and use it to explore questions concerning the aggregation of distributed information and the consequences of social integration. We show that when priors are correlated, all private information is eventually aggregated and public beliefs are identical to those arising under observable priors. When priors are independently distributed, however, some private information is never revealed, and communication breaks down entirely in large groups. Interpreting integration in terms of the observability of priors, we show how increases in social integration lead to less divergent public beliefs on average.en_US
dc.description.sponsorshipInstitute for Advanced Study (Princeton, N.J.)en_US
dc.language.isoen_US
dc.publisherAmerican Economic Associationen_US
dc.relation.isversionofhttp://dx.doi.org/10.1257/mic.4.3.57en_US
dc.rightsArticle is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.en_US
dc.sourceAmerican Economic Associationen_US
dc.titlePublic Disagreementen_US
dc.typeArticleen_US
dc.identifier.citationSethi, Rajiv, and Muhamet Yildiz. “Public Disagreement.” American Economic Journal: Microeconomics 4, no. 3 (August 2012): 57-95. Copyright 2012 American Economic Association.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economicsen_US
dc.contributor.mitauthorYildiz, Muhameten_US
dc.relation.journalAmerican Economic Journal: Microeconomicsen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dspace.orderedauthorsSethi, Rajiv; Yildiz, Muhameten_US
dc.identifier.orcidhttps://orcid.org/0000-0002-7637-7117
mit.licensePUBLISHER_POLICYen_US
mit.metadata.statusComplete


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