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In recent years, concerns about misinformation in the media have skyrocketed. President Donald Trump has repeatedly claimed that various news outlets are disseminating "fake news" for political purposes. But when the information contained in mainstream media news reports provides no clear clues...
Persistent link: https://www.econbiz.de/10012853778
previous work in this area. We find that politicians with similar beliefs hold similar portfolios and that more liberal members … engage in more socially responsible investing (SRI), even within political parties. Politicians disproportionately favor the …
Persistent link: https://www.econbiz.de/10012967811
Although politicians' personal attributes are an important component of elections and representation, few studies have … rigorously investigated which attributes are most relevant in shaping voters' preferences for politicians, or whether these … consistent with the observed attributes of actual politicians. Moreover, voters' preferences do not vary when asked to consider …
Persistent link: https://www.econbiz.de/10012855217
We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by prior political leanings and, thus, contributes to...
Persistent link: https://www.econbiz.de/10012793076
Persistent link: https://www.econbiz.de/10011446292
This paper analyzes how advertising can be used to mislead rivals in an oligopoly environment with demand uncertainty. In particular, we examine a two-period game in whichtwo firms each sell a differentiated product whose attractiveness vis-à-vis the competitor's product is unknown. In each...
Persistent link: https://www.econbiz.de/10014046355
At borders where rich and poor countries meet, services prices differ hugely. In principle, price differentials could be exploited to mutual benefit, offering improved job opportunities to the poor as well as better shopping opportunities to the rich. However, cross-border shopping is often...
Persistent link: https://www.econbiz.de/10010264347
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10003850338
Sellers often make explicit or implicit product claims without providing evidence. We show that such "puffery" of product attributes through pure cheap talk can be credible and help buyers make a better decision. Puffing one attribute of a product leads buyers to positively update their...
Persistent link: https://www.econbiz.de/10013065190
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10013159702