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Radio and the rise of the Nazis in prewar Germany
Adena, Maja; Enikolopov, Ruben; Petrova, Maria; … - 2015
How do the media affect public support for democratic institutions in a fragile democracy? What role do they play in a dictatorial regime? We study these questions in the context of Germany of the 1920s and 1930s. During the democratic period, when the Weimar government introduced progovernment...
Persistent link: https://www.econbiz.de/10010512972
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Lobbying, information transmission, and unequal representation
Lagerlöf, Johan; Frisell, Lars - 2004
We study the effects of unequal representation in the interest-group system on the degree of information transmission between a lobbyist and a policymaker. Employing a dynamic cheap-talk model in which the lobbyist cares instrumentally about his reputation for truthtelling, we show that the...
Persistent link: https://www.econbiz.de/10010278111
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Lobbying contests with endogenous policy proposals
Münster, Johannes - 2005
to reduce the intensity of the lobbying contest. This logic has been explored in a number of recent papers. I reconsider … to maximize lobbying expenditures would prefer an imperfectly discriminating contest. …
Persistent link: https://www.econbiz.de/10010306980
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Contribution to productivity or pork barrel? The two faces of infrastructure investment
Cadot, Olivier; Röller, Lars-Hendrik; Stephan, Andreas - 2002
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10010330110
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On the desirability of an efficiency defense in merger control
Lagerlöf, Johan; Heidhues, Paul - 2002
We develop a model in which two firms that have proposed to merge are privately informed about merger-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an antitrust authority. Although the information improves...
Persistent link: https://www.econbiz.de/10010278055
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Product market competition and lobbying coordination in the US mobile telecommunications industry
Jung, Astrid; Duso, Tomaso - 2003
This paper empirically investigates market behavior and firms’ lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …
Persistent link: https://www.econbiz.de/10010278063
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Market conduct and endogenous lobbying: evidence from the U.S. mobile telecommunications industry
Duso, Tomaso; Jung, Astrid - 2002
This paper empirically explores the relationship between firms’ market behavior and their lobbying activities in a … structurally estimate market interactions while taking the potential endogeneity of lobbying decisions into account. Our results … higher. Furthermore, we reject the hypothesis that lobbying activities can be regarded as exogenous in the study of market …
Persistent link: https://www.econbiz.de/10010278114
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Diderot´s rule
Beck, Jonathan - 2008
Like many new products, newly released creative goods such as books, music records and movies are sometimes ‘surprise’ hits but often flops. Experimental and empirical research suggests that it is hard to predict the demand for a new creative good, and therefore its success, even for...
Persistent link: https://www.econbiz.de/10010307090
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Fixed, focal, fair? Book prices under optional resale price maintenance
Beck, Jonathan - 2004
In media markets, products are highly differentiated but prices are often bunched at apparent focal points. I use a comprehensive cross-section data set on the German book market to assess whether such focal points are a result of upstream coordination and whether the option to impose resale...
Persistent link: https://www.econbiz.de/10010278075
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The sales effect of word of mouth: a model for creative goods and estimates for novels
Beck, Jonathan - 2006
Weekly sales of creative goods – like music records, movies or books – usually peak shortly after release and then decline quickly. In many cases, however, they follow a hump-shaped pattern where sales increase for some time. A popular explanation for this phenomenon is word of mouth among a...
Persistent link: https://www.econbiz.de/10010278128