Expert-captured democracies

Does public cheap talk by a biased expert benefit voters? The answer depends on the nature of democratic institutions and the extent of communication possibilities. Expert endorsements induce office-seeking parties to serve the expert&rsquo;s interests, hurting voters. Expert advocacy makes policies respond to information, helping voters. Together, policy advocacy and partisan endorsements are often better than either alone. Their interaction creates a delegation benefit that makes indirect democracy superior to direct democracy and office-seeking parties better than those motivated by public interest. But voter welfare is highest when an expert captured technocratic party competes against an uninformed populist one. (JEL D72, D82) </jats:p

SocialVisTUM: An Interactive Visualization Toolkit for Correlated Neural Topic Models on Social Media Opinion Mining

Recent research in opinion mining proposed word embedding-based topic modeling methods that provide superior coherence compared to traditional topic modeling. In this paper, we demonstrate how these methods can be used to display correlated topic models on social media texts using SocialVisTUM, our proposed interactive visualization toolkit. It displays a graph with topics as nodes and their correlations as edges. Further details are displayed interactively to support the exploration of large text collections, e.g., representative words and sentences of topics, topic and sentiment distributions, hierarchical topic clustering, and customizable, predefined topic labels. The toolkit optimizes automatically on custom data for optimal coherence. We show a working instance of the toolkit on data crawled from English social media discussions about organic food consumption. The visualization confirms findings of a qualitative consumer research study. SocialVisTUM and its training procedures are accessible online.Comment: Demo paper accepted for publication on RANLP 2021; 8 pages, 5 figures, 1 tabl