IPSecure
03-08-2010, 03:00 PM
Interesting research topic from the 'Centre For Economic Policy Research' (http://www.cepr.org/Hot_Topics/)
What is the effect of liberalizing a country’s broadcasting system on the level of information of its citizens?
To analyse this question, we first construct a model of state monopoly broadcasting where the government selects the amount of television news coverage of different public policy outcomes, and then sets public policy and political rents.
Voters vote retrospectively given the news provided. In equilibrium, the incumbent provides some news coverage, and more so to groups for which reducing policy uncertainty is more important.
We then introduce a profit-maximizing commercial channel. It provides more news coverage to groups of voters valuable to advertisers or underprovided by the state monopoly.
Link (http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=4989)
Research Funded By:
Institutional (core) finance for CEPR is provided through grants from a variety of sources: central banks; foundations, including the Economic and Social Research Council; private-sector organizations; and financial institutions.
In addition, funding from government departments throughout Europe, the European Commission, and other supranational organizations provides finance for specific research topics.
What is the effect of liberalizing a country’s broadcasting system on the level of information of its citizens?
To analyse this question, we first construct a model of state monopoly broadcasting where the government selects the amount of television news coverage of different public policy outcomes, and then sets public policy and political rents.
Voters vote retrospectively given the news provided. In equilibrium, the incumbent provides some news coverage, and more so to groups for which reducing policy uncertainty is more important.
We then introduce a profit-maximizing commercial channel. It provides more news coverage to groups of voters valuable to advertisers or underprovided by the state monopoly.
Link (http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=4989)
Research Funded By:
Institutional (core) finance for CEPR is provided through grants from a variety of sources: central banks; foundations, including the Economic and Social Research Council; private-sector organizations; and financial institutions.
In addition, funding from government departments throughout Europe, the European Commission, and other supranational organizations provides finance for specific research topics.