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.” The indices, which span the 1990 to 2010 period, reveal that the composition of China-bashing in U.S. print media has …
Persistent link: https://www.econbiz.de/10014182593
media. The media chooses news quality about fundamental uncertainties. Ex-ante preferences and news quality affect the …
Persistent link: https://www.econbiz.de/10012846613
We offer a tractable model of broadcast media as a three-sided platform, serving entertainment and news to viewers … of a media firm, and study the effect on social welfare of changes in the value of electoral influence, via induced … changes in commercial advertising, the entertainment value of media, and political distortions …
Persistent link: https://www.econbiz.de/10014133384
This paper analyzes the constitutional history of China, with the aim of explaining how and why the policies that produced its rapid growth came to be adopted. The paper argues that constitutional reforms played important roles in China's economic development and are likely to do so in the...
Persistent link: https://www.econbiz.de/10014175221
The literature on political business cycles follows two analytical conventions: (1) polity is reasonably reduced to a single agent who is either opportunistic or partisan and (2) economy is an equilibrated entity that is subject to politically inspired shocks. This paper pursues a different...
Persistent link: https://www.econbiz.de/10014177045
This paper explores a possible path toward dissolving an antinomy within political economy: market order is treated as emergent and spontaneous while political order is treated as planned. This paper pursues a path that seeks to locate the entire social order as emergent and spontaneous. Where a...
Persistent link: https://www.econbiz.de/10014186463
We document the effectiveness of robo calls for increasing voter participation despite most published research finding little or no effect of automated calls. We establish this finding in a large field experiment in a targeted, partisan get-out-the-vote campaign. Our experimental design includes...
Persistent link: https://www.econbiz.de/10014126028
This paper is written for a Liberty Fund conference on 'Liberty in relation to law and macroeconomics'. The paper works with recognition that the models we use are not neutral devices to see more clearly into reality because they also shade that reality in different ways. For instance, a model...
Persistent link: https://www.econbiz.de/10014078253
We argue that standard models that solve the paradox of voting do a bad job explaining the frequency of very close elections. We instead model head-to-head elections as a competition between incentive schemes to turn out voters. We show that elections are either heavily contested, and decided by...
Persistent link: https://www.econbiz.de/10014081617
Frank Knight famously remarked nearly a century ago that the primary problems that stem from societal living together do not arise because of what we don’t know but rather arise because of what we know that isn’t true. This paper pursues Knight’s theme by incorporating three elements into...
Persistent link: https://www.econbiz.de/10014106770