Arbeitspapier

Between agora and shopping mall

Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure of individuals to information. Goods advertising is competing with political information for people's attention. This paper presents a politico-economic equilibrium model in which the tension between private and public agendas can be analysed. It is shown that in an information-rich society, international goods market integration tends to reduce the quality of public policy. Complementing economic integration with political integration can increase the gains from globalisation, though not in all cases.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3524

Klassifikation
Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Thema
Globalisation
agenda-setting
information-rich societies
scarcity of attention
advertising
Werbung
Staatliche Information
Wettbewerb
Wahrnehmung
Medienverhalten
Public Choice
Allgemeines Gleichgewicht
Globalisierung
Informationsgesellschaft
Theorie

Ereignis
Geistige Schöpfung
(wer)
Falkinger, Josef
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
URN
urn:nbn:de:101:1-20080605194
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Falkinger, Josef
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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