EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/35137
  
Title:Between agora and shopping mall PDF Logo
Authors:Falkinger, Josef
Issue Date:2008
Series/Report no.:IZA Discussion Papers 3524
Abstract: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.
Subjects:Globalisation
agenda-setting
information-rich societies
scarcity of attention
advertising
JEL:D83
Persistent Identifier of the first edition:urn:nbn:de:101:1-20080605194
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
569674018.pdf224.58 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/35137

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.