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current policy choice. Deviating from (exogenous) traditional party policy reduces the credibility of a party in the eyes of … voters of both parties. They get either desensitised or over-sensitised in respect to party credibility which alters the …
Persistent link: https://www.econbiz.de/10011441433
current policy choice. Deviating from (exogenous) traditional party policy reduces the credibility of a party in the eyes of … voters of both parties. They get either desensitised or over-sensitised in respect to party credibility which alters the …
Persistent link: https://www.econbiz.de/10005097641
This paper investigates the relationship between media manipulation, the strategic suppression of relevant information by mass media, and self-mediatization, the strategic exploitation of media coverage by candidates, in elections. In the model, a voter cannot directly observe the policies...
Persistent link: https://www.econbiz.de/10012937439
leader concerned about his reputation may therefore prefer to work with a person unlikely to do Right. -- Reputation ; team …
Persistent link: https://www.econbiz.de/10009502700
In developing countries with weak institutions, there is implicitly a large reliance on elections to instill norms of accountability and reduce corruption. In this paper we show that electoral discipline may be ineffective in reducing corruption when political competition is too high or too low....
Persistent link: https://www.econbiz.de/10011653124
We study the informational effectiveness of electoral campaigns. Voters may not think about all political issues and have incomplete information with regard to political positions of candidates. Nevertheless, we show that if candidates are allowed to microtarget voters with messages then...
Persistent link: https://www.econbiz.de/10011936489
In developing countries with weak institutions, there is implicitly a large reliance on elections to instill norms of accountability and reduce corruption. In this paper we show that electoral discipline may be ineffective in reducing corruption when political competition is too high or too low....
Persistent link: https://www.econbiz.de/10011594150
We study the informational effectiveness of electoral campaigns. Voters may not think about all political issues and have incomplete information with regard to political positions of candidates. Nevertheless, we show that if candidates are allowed to microtarget voters with messages then...
Persistent link: https://www.econbiz.de/10011764917
We present a model in which the media endorses the character of office-seeking candidates as a means to promote its own ideological agenda. In equilibrium, political parties completely pander to the elite-controlled media under moderate ideological conflict between voters and the elite. Larger...
Persistent link: https://www.econbiz.de/10010740004
Can comparative statements be credible even when absolute statements are not? For instance, can a professor credibly rank different students for a prospective employer even if she has an incentive to exaggerate the merits of each student? Or can an analyst credibly rank different stocks even if...
Persistent link: https://www.econbiz.de/10010263292