Politically Correct Information Adoption
AbstractThis paper analyses the case when the political struggle not is channeled through policy choices, but through what information to adopt. The paper presents a simple model to analyze collective decisions of adopting new information when different parties' payoffs are contingent upon the new information. In equilibrium we demonstrate that the adopted information is biased towards “political correctness” rather than being informative (in the Blackwell sense). These results may be relevant when designing decision mechanisms for institutions that are to be keen on new information.
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Bibliographic InfoPaper provided by Lund University, Department of Economics in its series Working Papers with number 2000:5.
Length: 23 pages
Date of creation: 28 Jul 2000
Date of revision:
Contact details of provider:
Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden
Phone: +46 +46 222 0000
Fax: +46 +46 2224613
Web page: http://www.nek.lu.se/
More information through EDIRC
Informativeness; Majority Rule; Political Correctness;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-09-01 (All new papers)
- NEP-CDM-2000-09-01 (Collective Decision-Making)
- NEP-PBE-2000-09-01 (Public Economics)
- NEP-POL-2000-09-01 (Positive Political Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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