Social Media and Fake News in the 2016 Election

@article{Allcott2017SocialMA,
  title={Social Media and Fake News in the 2016 Election},
  author={Hunt Allcott and Matthew Gentzkow},
  journal={CSN: Politics (Topic)},
  year={2017}
}
Following the 2016 U.S. presidential election, many have expressed concern about the effects of false stories (“fake news”), circulated largely through social media. We discuss the economics of fake news and present new data on its consumption prior to the election. Drawing on web browsing data, archives of fact-checking websites, and results from a new online survey, we find: (i) social media was an important but not dominant source of election news, with 14 percent of Americans calling social… 

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