Showing 1 - 10 of 21
I analyze a dataset of news from the New York Times, from 1946 to 1997. Controlling for the incumbent President's activity across issues, I find that during the presidential campaign the New York Times gives more emphasis to topics that are owned by the Democratic party (civil rights, health...
Persistent link: https://www.econbiz.de/10010928712
The amount of political information that voters decide to acquire during an electoral campaign depends, among other … candidates attach little value to information because they perceive that voting itself will have little value. Voters that are ex … ante very ideological also attach little value to information because they think that the news will hardly change their …
Persistent link: https://www.econbiz.de/10010745271
Digital goods are bitstrings, sequences of 0s and 1s, which have economic value. They are distinguished from other goods by five characteristics: digital goods are nonrival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10010746188
A number of recent formal models predict a positive effect of political knowledge on turnout. Both information … proxies of information supply on mass media. Using survey data from the 1997 British General Election Study, I show that …
Persistent link: https://www.econbiz.de/10010746429
We investigate the impact of information about student satisfaction on university choice, using data from the UK …
Persistent link: https://www.econbiz.de/10011126173
decisions to changes in the environment. We show that even if lower-level managers have superior information about local … conditions, and incentive conflicts are negligible, a centralized organization can be better at adapting to local information …
Persistent link: https://www.econbiz.de/10011126298
Social capital has remained relatively underexplored in innovation literature. Existing studies have failed to reach a consensus on its impact on local innovative performance: some empirical analyses emphasize a positive effect, others speak about a ‘dark side’ of social capital. This paper...
Persistent link: https://www.econbiz.de/10011126495
Persistent link: https://www.econbiz.de/10005625914
There is an increasing demand for putting a shadow price on the environment to guide public policy and incentivise private behaviour. In practice, setting that price can be extremely difficult as uncertainties abound. There is often uncertainty not just about individual parameters but about the...
Persistent link: https://www.econbiz.de/10010884522
decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly … available information. Decentralized control, on the other hand, delegates authority to a manager with superior information …. As the available public information about the specific technology increases, the trade-off shifts in favour of …
Persistent link: https://www.econbiz.de/10010884642