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Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects , sug-gesting social media are habit forming. Allowing people to set lim-its on their future screen time substantially reduces use , suggesting self-control problems. Additional evidence suggests people are inattentive to habit formation and partially unaware of self-control problems. Looking at these facts through the lens of our model sug-gests that self-control problems cause 31 percent of social media use.
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11.6
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5.0K
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AMERICAN ECONOMIC REVIEW
IF11.6
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