Combating Misinformation Through Digital Markets
RSM Speaker Series
What if we could reduce the flow of misinformation with no censorship and no central authority judging truth? What role could modern digital marketplaces play in mitigating the promotion of false and misleading information online without harming free expression?
The Institute for Rebooting Social Media welcomes Visiting Scholar Marshall Van Alstyne to present his research on market interventions to combat misinformation, including a novel mechanism designed to create a meta-layer of platform governance that would limit the production of mis- and disinformation, and increase the likelihood of sharing credible information.
This intervention, informed by Nobel Prize-winning theories of information economics and externality economics, has shown very promising results in large online survey experiments and interactive online marketplace experiments, providing evidence of its efficacy among more than 3,000 responses from social media users.