CORDIS Project
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This research introduces a new model to analyze how group beliefs evolve and influence social phenomena like polarization and discrimination. It aims to develop a heuristic for understanding the dynamics of belief formation and its implications for economic behavior.
The objective of this research agenda is to provide a new framework to model and analyze dynamics of group beliefs, in order to study phenomena such as group polarization, segregation and inter-group discrimination.
We introduce a simple new heuristic, the Bayesian Peer Influence heuristic (BPI), which is based on rational foundations and captures how individuals are influenced by others' beliefs.
We will explore the theoretical properties of this heuristic, and apply the model to analyze the im…
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