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Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10005836898
Persistent link: https://www.econbiz.de/10008674125
the common Downsian reasoning, rational voters should not be willing to pay for information out of purely instrumental … does not apply when a group of voters shares a common goal such as accountability and information is delivered via mass … for the provision of instrumental information in these scenarios. Our model thus reconciles the rational voter approach …
Persistent link: https://www.econbiz.de/10011108800
Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10011114299
Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …
Persistent link: https://www.econbiz.de/10010877742
blessing of large electorates in addition to information aggregation as postulated by the jury theorem. …
Persistent link: https://www.econbiz.de/10011286368
Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10010264514
Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …
Persistent link: https://www.econbiz.de/10010291504
Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10005181563
common Downsian reasoning, rational voters should not be willing to pay for information out of purely instrumental motives … apply when a group of voters shares a common goal such as accountability and information is delivered via mass media. In … instrumental information in these scenarios. Our model thus reconciles the rational voter approach with the common perception of …
Persistent link: https://www.econbiz.de/10011522106