This paper develops a model of strategic communication, in which a better-informed Sender (S) sends a possibly noisy signal to a Receiver (R), who then takes an action that determines the welfare of both. We characterize the set of Bayesian Nash…
Political Economics
In this subdiscipline:
6,288 papers
Popular papers
-
-
A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in which…
-
This paper takes a fresh look at the trade-off between centralized and decentralized provision of local public goods. It argues that the sharing of the costs of local public spending in a centralized system will create a conflict of interest between…
-
We examine self-control problems-modeled as time-inconsistent, present-biased preferences-in a model where a person must do an activity exactly once. We emphasize two distinctions: Do activities involve immediate costs or immediate rewards, and are…
-
This paper studies the population dynamics of preference traits in a model of intergenerational cultural transmission. Parents socialize and transmit their preferences to their offspring, motivated by a form of paternalistic altruism ("imperfect…
-
This paper presents a randomized field experiment on reducing cor- ruption in over 600 Indonesian village road projects. I find that in- creasing government audits from 4 percent of projects to 100 percent reduced missing expenditures, as measured…
-
This paper develops an approach to the study of democratic policy-making where politicians are selected by the people from those citizens who present themselves as candidates for public office. The approach has a number of attractive features.…
-
This paper provides a framework for addressing the question of when transactions should be carried out within a firm and when through the market. Following Grossman and Hart, we identify a firm with the assets that its owners control. We argue that…
-
We construct a model to study the implications of changes in political institutions for economic institutions. A change in political institutions alters the distribution of de jure political power, but creates incentives for investiments in de facto…
-
-
We study the relationship between politics and economic growth in a simple model of endogenous growth with distributive conflict among agents endowed with varying capital/labor shares. We establish several results regarding the factor ownership of…
-
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to…
-
Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design testable…
-
This study examines postwar patterns in macroeconomic policies and outcomes associated with left- and right-wing governments in capitalist democracies. It argues that the objective economic interests as well as the subjective preferences of lower…
-
This paper summarizes and extends previous research that has shown evidence of a "curse of natural resources" - countries with great natural resource wealth tend nevertheless to grow more slowly than resource-poor countries. This result is not…
-
S in Latin America, Africa and Asia lack the monopoly of violence, identified by Max Weber as the foundation of the state, and thus the capacity to govern effectively. In this paper we develop a new perspective on the establishment of the monopoly…
-
The aim of the New Political Economy is to understand important issues that arise in the policy sphere.1 It is not, as is occasionally hinted, an effort by economists to colonise political science. Rather, the main concern is to extend the…
-
This paper studies the equilibrium determination of the number of countries in different political regimes, and in different economic environments, with more or less economic integration. We focus on the trade-off between the benefits of large…
-
This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntary, rather than coerced, activity of the followers. This paper considers how a leader induces rational agents to follow…
-
We investigate the market for news under two assumptions: that readers hold beliefs which they like to see confirmed, and that newspapers can slant stories toward these beliefs. We show that, on the topics where readers share common beliefs, one…
Sign up today - FREE
Mendeley saves you time finding and organizing research. Learn more
- All your research in one place
- Add and import papers easily
- Access it anywhere, anytime
Start using Mendeley in seconds!
Active members
-
Post DocECSIM -
Ph.D. StudentRoskilde Universitet - Roskilde University -
Ph.D. StudentLondon, United Kingdom -
Student (Postgraduate)Waseda University -
Student (Master)