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Content Moderation with Opaque Policies
Kominers, Scott Duke; Shapiro, Jesse M. - National Bureau of Economic Research - 2024
A sender sends a signal about a state to a receiver who takes an action that determines a payoff. A moderator can block some or all of the sender's signal before it reaches the receiver. When the moderator's policy is transparent to the receiver, the moderator can improve the payoff by blocking...
Persistent link: https://www.econbiz.de/10014486247
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Who Owns the Media?
Djankov, Simeon - 2001
We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the … largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting … than in the printed media. Government ownership of the media is generally associated with less press freedom, fewer …
Persistent link: https://www.econbiz.de/10012470436
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What is Newsworthy? Theory and Evidence
Armona, Luis; Gentzkow, Matthew Aaron; Kamenica, Emir; … - National Bureau of Economic Research - 2024
We study newsworthiness in theory and practice. We focus on situations in which a news outlet observes the realization of a state of the world and must decide whether to report the realization to a consumer who pays an opportunity cost to consume the report. The consumer-optimal reporting...
Persistent link: https://www.econbiz.de/10014544790
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Bayesian Persuasion with Lie Detection
Ederer, Florian; Min, Weicheng - National Bureau of Economic Research - 2022
How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
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(Pro-) Social Learning and Strategic Disclosure
Bénabou, Roland; Vellodi, Nikhil - National Bureau of Economic Research - 2024
We study a sequential experimentation model with endogenous feedback. Agents choose between a safe and risky action, the latter generating stochastic rewards. When making this choice, each agent is selfishly motivated (myopic). However, agents can disclose their experiences to a public record,...
Persistent link: https://www.econbiz.de/10014544761
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It Hurts To Ask
Bénabou, Roland; Jaroszewicz, Ania; Loewenstein, George F. - National Bureau of Economic Research - 2022
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013388842
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Optimal Income Taxation
Kaplow, Louis - National Bureau of Economic Research - 2022
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....
Persistent link: https://www.econbiz.de/10013334417
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Public Information as a Source of Disagreement Among Shareholders
Bouton, Laurent; Llorente-Saguer, Aniol; Macé, Antonin; … - National Bureau of Economic Research - 2022
We study how beliefs about firm value respond to public information stemming from either public announcements or shareholder meetings. We focus on settings with homogeneous shareholders (i.e., agents with common preferences and opinions), where information is about which course of action is best...
Persistent link: https://www.econbiz.de/10013477249
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Security Analysis and the Collection of Hard and Soft Information
Ben-Rephael, Azi; Carlin, Bruce Ian; Da, Zhi; … - National Bureau of Economic Research - 2023
We use minute-by-minute Bloomberg online status microdata during 2017-2021 to directly study how hard and soft information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is positively associated with the quantity and timeliness of...
Persistent link: https://www.econbiz.de/10014447257
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Information Flows, Organizational Structure, and Corporate Governance
Malenko, Nadya - National Bureau of Economic Research - 2023
This survey provides an overview of theoretical and empirical research on information flows in corporations. It highlights key frictions preventing effective information flows and discusses how organizational structure and corporate governance can alleviate these frictions, focusing on three...
Persistent link: https://www.econbiz.de/10014287310