000			01277nam a22001577a 4500
999			_c514199 _d514199
008			201014b ||||| |||| 00| 0 eng d
100			_aAllcott, Hunt et al _918643
245			_aThe welfare effects of social media
260			_aThe American Economic Review
300			_a110(3), Mar, 2020: p.629-676
520			_aThe rise of social media has provoked both optimism about potential societal benefits and concern about harms such as addiction, depression, and political polarization. In a randomized experiment, we find that deactivating Facebook for the four weeks before the 2018 US midterm election (i) reduced online activity, while increasing offline activities such as watching TV alone and socializing with family and friends; (ii) reduced both factual news knowledge and political polarization; (iii) increased subjective well-being; and (iv) caused a large persistent reduction in post-experiment Facebook use. Deactivation reduced post-experiment valuations of Facebook, suggesting that traditional metrics may overstate consumer surplus.– Reproduced
650			_aPolitical processes, Rent-seeking, Lobbying, Elections, Legislatures, Voting behavior _918601
773			_aThe American Economic Review
906			_aCONSUMER ECONOMICS
942			_cAR