Access to the internet and the rise of social media has overloaded voters with information and exposed them to a proliferation of fake news. Using political budget cycles, or the tendency for politicians to increase the budget in run-up to elections to win more votes, as a proxy for misinformation, Fabio Padovano and Pauline Mille show in new research that voters who score higher on the OECD’s Programme for International Student Assessment and achieve a higher level of education are better able to hold politicians to account.
Study participants are less likely to accept lower returns in support of social goals when acting as investors versus consumers or donors with a third accepting no reduction in returns. Additionally, those with higher income, women and Democrats were willing to accept lower return in support of social goals than those with lower income, men, Republicans and Independents.
Adopting a deferred pay scheme for bank managers would provide them with needed funding during a downturn and would incentivize more conservativism when it comes to risk-taking.
A new empirical study examines whether advancements in automation and robotics have affected intergenerational income mobility. The authors find that parents’ exposure to new...
Democratic elections suffer from several shortcomings, including low voter turnout and the effects of inaccurate polling. Sergiu Hart suggests adopting a simple repeat voting...
In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that these interventions...