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This paper presents a theoretical model of an autocrat who controls the media in an attempt to persuade society of his competence. We base our analysis on a Bayesian persuasion framework in which citizens have heterogeneous preferences and beliefs about the autocrat. We characterize the...
Persistent link: https://www.econbiz.de/10014486449
Institutional constraints to counter potential abuses in the use of political power have been viewed as essential to well-functioning political institutions and good public policy outcomes in the Western World since the time of ancient Greece. A sophisticated intellectual tradition emerged to...
Persistent link: https://www.econbiz.de/10014481275