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Event Exp~FinTech

Virtual seminar with Matthias Weber

Meeting time: Monday, October 5, 2026 at 5pm CET.

The speaker on this occasion will be Matthias Weber (University of St. Gallen) who will talk about “Fake News in Social Networks”. The event is part of the seminar series on “Experiments in Financial Technology” organized by researchers from Haskayne School of Business (Calgary, Canada).

Abstract: We propose multi-agent reinforcement learning as a new method for modeling fake news in social networks. This method allows us to model human behavior in social networks both in unaccustomed populations and in populations that have adapted to the presence of fake news. In particular the latter is challenging for existing methods. We find that a fake-news attack is more effective if it targets highly connected people and people with weaker private information. Attacks are more effective when the disinformation is spread across several agents than when the disinformation is concentrated with more intensity on fewer agents. Furthermore, fake news spread less well in balanced networks than in clustered networks. We test a part of our findings in a human-subject experiment. The experimental evidence provides support for the predictions from the model, suggesting that the model is suitable to analyze the spread of fake news in social networks.

You can find more information about the seminar series here: https://fintechexperiments.science/

This event was posted by:

Anita Kopányi-Peuker

Anita Kopányi-Peuker

Assistant professor
University of Amsterdam, Treasurer, Scientific board member, Member
University of Amsterdam, Netherlands | Website | ORCID