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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14672 |
DP14672 A Political Model of Trust | |
Konstantin Sonin; Ran Eilat; Marina Agranov | |
发表日期 | 2020-04-28 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We analyze a model of political competition, in which the uninformed median voter chooses whether to follow or ignore the advice of the elite that forms endogenously to aggregate information. In equilibrium, information transmission is possible only if voters trust the elite's endorsement of potentially biased candidates. When inequality is high, the elite's informational advantage is minimized by the voters' distrust. When inequality reaches a certain threshold, the trust, and thus the information transmission, breaks down completely. Finally, the elite size and thus the extent of information aggregation depends on the amount of trust they can maintain. |
主题 | Public Economics |
关键词 | Trust Inequality Political economy Cheap talk Information club |
URL | https://cepr.org/publications/dp14672-0 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543587 |
推荐引用方式 GB/T 7714 | Konstantin Sonin,Ran Eilat,Marina Agranov. DP14672 A Political Model of Trust. 2020. |
条目包含的文件 | 条目无相关文件。 |
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