This paper investigates the impact of television on internal migration in Indonesia. We exploit the differential … introduction of private television throughout the country and the variation in signal reception due to topography to estimate the … under imperfect information, these findings are consistent with Indonesia citizens over-estimating the net gains from …

This paper develops a model of cultural transmission where television plays a central role for socialization. Parents … socialize the children to the wrong trait. The free to air television industry maximizes advertisement revenue. We show that TV … cultural distance between the two traits. A monopolistic television industry captures all TV watching by both groups if the …

This paper studies the incentives of short-lived agents to acquire costly private information in the presence of public … signals arising from market interaction. It characterizes the social learning process, that is the revelation of information … by public signals, and the information externalities involved. The analysis provides insights on the scope for government …

This paper presents results from experiments with finitely repeated games with complete and incomplete information. We … presence of incomplete information. …

This paper studies the impact of instrumental voting on information demand and mass media behaviour during electoral … campaigns. If voters act instrumentally then information demand should increase with the closeness of an election. Mass media … are modeled as profit-maximizing firms that take into account information demand, the value of customers to advertisers …