The Economics of Badmouthing: Libel Law and the Underworld of the Financial Press in France Before World War I
This article analyzes the economics of “badmouthing” in the context of the pre-1914 French capital market. We argue that badmouthing was a means through which racketeering journals sought to secure property rights over issuers' reputation. We provide a theoretical study of the market setup that emerged to deal with such problems, and we test our predictions using new evidence from contemporary sources.
Year of publication: |
2011
|
---|---|
Authors: | Bignon, Vincent ; Flandreau, Marc |
Published in: |
The Journal of Economic History. - Cambridge University Press, ISSN 1471-6372. - Vol. 71.2011, 03, p. 616-653
|
Publisher: |
Cambridge University Press |
Description of contents: | Abstract [journals.cambridge.org] |
Saved in:
Saved in favorites
Similar items by person
-
Bignon, Vincent, (2010)
-
The price of media capture and the looting of newspapers in interwar France
Bignon, Vincent, (2012)
-
Bagehot for Beginners: The Making of Lending of Last Resort Operations in the Mid-19th Century
Bignon, Vincent, (2009)
- More ...