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This paper proposes a theory of media silence. The argument is that news organizations have the power to raise public concern and so affect the probability that there is ex-post verification of the true state of the world. Built on the literature of career concerns, we consider a newspaper that...
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An expert wishes to be approved by a receiver, who is outcome concerned. She then has an incentive to send an informative message. But if there is more than one expert competing for the receiver's approval and the latter doubts about the objectives of experts, they each have an incentive to make...
Persistent link: https://www.econbiz.de/10010903242
We model an election between two downsian candidates and a third deterministic one. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two types of voters: social concerned and biased. For both the cases in...
Persistent link: https://www.econbiz.de/10011075610
We propose a model in which different types of journalists have superior information to a newspaper's editor. Journalists compete for having their report published, but when writing their reports, they are uncertain about the preferences of the editor. We analyze the effects of competition and...
Persistent link: https://www.econbiz.de/10011082430
We model a community of individuals whose relationships are governed by the rules of the so-called Heider balance theory, but modified to address the impact of tolerating intolerant individuals. To consider tolerance toward a different group, the elements are assigned one of the two flags, A or...
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