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Inflation expectations are often found to depend on socioeconomic and demographic characteristics of households, such as age, income and education, however, the reasons for this systematic heterogeneity are not yet fully understood. Since accounting for these expectation differentials could help...
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We suggest a model of electoral competition between two parties which is extended by a third player : mass media. The classical one-dimensional competition model is changed by introducing an issue-specific sensibility-coefficient and by allowing for non-voting. The winner is selected by majority...
Persistent link: https://www.econbiz.de/10013428394
We document the importance of local information in mass media for the political engagement of citizens and accountability of politicians. We study this in the context of Canada, where until 1958, competition in television markets was suppressed-Canadians received either public or private...
Persistent link: https://www.econbiz.de/10014503041
We build a model of the news market where advertisers allocate their ads between a social media platform and a news website. Our objective is to evaluate policy interventions aimed at fostering news creation by transferring revenues from social media to news websites already introduced in...
Persistent link: https://www.econbiz.de/10014577558
In recent debates on "race" and "racism", a broad definition has emerged that encompasses phenotypic appearance as well … core element of this holistic concept of racism. On the basis of labor market and survey experiments, this article shows … that such a concept of racism is not very helpful in understanding actual patterns of discrimination. Phenotype, ethnicity …
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Interpersonal relations are shaped by the judgements associated with the social categories that individuals perceive in their social contacts. I develop a model of how those judgments form based on a theory of symbolic values. The model depicts the interaction between two values, one associated...
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