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culture, such as radio airplay quotas, may explain part of the increasing consumption of local music …
Persistent link: https://www.econbiz.de/10012462688
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent … sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment … and shifts in political power. Specifically, we start with a culture set, which consists of attributes and the feasible …
Persistent link: https://www.econbiz.de/10012533381
We survey the empirical literature in economics on the impact of media technologies on social capital. Motivated by a simple model of information and collective action, we cover a range of different outcomes related to social capital, from social and political participation to interpersonal...
Persistent link: https://www.econbiz.de/10012629450
We introduce information frictions into a tractable quantitative multi-country multi-sector model with global value chains. Producers in a sector do not perfectly observe contemporaneous shocks to other countries and sectors, and their output decisions respond to their idiosyncratic beliefs...
Persistent link: https://www.econbiz.de/10013210061
We document the immediate and long-term effects of violent media. Specifically, we evaluate the effects of The Ultimate Fighter, a hit TV show that features fighters competing in violent mixed martial arts and which brought Ultimate Fighting Championship into the mainstream. We estimate the...
Persistent link: https://www.econbiz.de/10012481823
We study learning via shared news. Each period agents receive the same quantity and quality of first-hand information and can share it with friends. Some friends (possibly few) share selectively, generating heterogeneous news diets across agents akin to echo chambers. Agents are aware of...
Persistent link: https://www.econbiz.de/10012482681
How people form beliefs is crucial for understanding decision-making under uncertainty. This is particularly true in a situation such as a pandemic, where beliefs will affect behaviors that impact public health as well as the aggregate economy. We conduct two survey experiments to shed light on...
Persistent link: https://www.econbiz.de/10012482699
This paper investigates the extent to which strategic objectives of the U.S. government influenced news coverage during the Cold War. We establish two relationships: 1) strategic objectives of the U.S. government cause the State Department to under-report human rights violations of strategic...
Persistent link: https://www.econbiz.de/10012462913
The Federal Communications Commission (FCC) has used auctions to award spectrum since 1994. During this time period, the FCC has experimented with a variety of auctions rules including click box bidding and anonymous bidding. These rule changes make the actions of bidders less visible during the...
Persistent link: https://www.econbiz.de/10012464206
This paper addresses a longstanding puzzle involving the unbundling of services that has occurred over more than two decades in the U.S. advertising agency industry: How can the shift from the bundling to the unbundling of services be explained and what accounts for the slow pace of change?...
Persistent link: https://www.econbiz.de/10012464302