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Persistent link: https://www.econbiz.de/10014335006
Insiders can artificially deflect the market prices of financial instruments from their full-information or inside value' by issuing deceptive accounting reports. Incentive support for disinformational activity comes through forms of compensation that allow corporate insiders to profit...
Persistent link: https://www.econbiz.de/10012469064
The use of government-mandated report cards to diminish uncertainty about the quality of products and services is widespread. However, report cards will have little effect if they simply confirm consumers' prior beliefs. Moreover, documented "responses" to report cards may reflect learning about...
Persistent link: https://www.econbiz.de/10012467259
We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the … largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting … than in the printed media. Government ownership of the media is generally associated with less press freedom, fewer …
Persistent link: https://www.econbiz.de/10012470436
We document the immediate and long-term effects of violent media. Specifically, we evaluate the effects of The Ultimate …
Persistent link: https://www.econbiz.de/10012481823
opposite extreme beliefs resulting in severe polarization. Our results hold without media bias or fake news, so eliminating …
Persistent link: https://www.econbiz.de/10012482681
How people form beliefs is crucial for understanding decision-making under uncertainty. This is particularly true in a situation such as a pandemic, where beliefs will affect behaviors that impact public health as well as the aggregate economy. We conduct two survey experiments to shed light on...
Persistent link: https://www.econbiz.de/10012482699
We survey the empirical literature in economics on the impact of media technologies on social capital. Motivated by a … social and political participation to interpersonal trust, in its benign and destructive manifestations. The impact of media … networks they create, as well as individual characteristics and media consumption choices …
Persistent link: https://www.econbiz.de/10012629450
Advances in communication technologies over the past half century have made the cultural goods of one country more readily available to consumers in another, raising concerns that cultural products from large economies - in particular the US - will displace the indigenous cultural products of...
Persistent link: https://www.econbiz.de/10012462688