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Mirta Galesic on Social Learning & Decision-making

COMPLEXITY

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People have more accurate models of people in close proximity than they do of people far away (socially)

People have a good understanding of their friends and are accurate in predicting their behavior. This is shown by their ability to accurately predict election results based on their friends' voting preferences. However, biases arise when people are asked to judge unfamiliar populations. These biases can be attributed to the structure of their personal social networks. The more biased their social networks are, the more biased their estimates of the general population will be.

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