Why do Facebook and Twitter facilitate revolutions more than TV and radio?
AbstractA distinctive feature of recent revolutions was the key role of social media (e.g. Facebook, Twitter and YouTube). In a simple model we assume that while social media allow to observe all previous decisions, mass media only give aggregate information about the state of a revolt. We show, first, that when individuals' willingness to revolt is publicly known, then both sorts of media foster a successful revolution. However, when willingness to revolt is private information, only social media ensure that a revolt succeeds, with mass media multiple outcomes are possible. This suggests that social media enhance the likelihood that a revolution triumphs more than traditional mass media.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33496.
Date of creation: 19 Sep 2011
Date of revision:
social media; mass media; revolution; coordination game; sequential games;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-01 (All new papers)
- NEP-BEC-2011-10-01 (Business Economics)
- NEP-CTA-2011-10-01 (Contract Theory & Applications)
- NEP-CUL-2011-10-01 (Cultural Economics)
- NEP-SOC-2011-10-01 (Social Norms & Social Capital)
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.:
- Chwe, Michael Suk-Young, 2000. "Communication and Coordination in Social Networks," Review of Economic Studies, Wiley Blackwell, vol. 67(1), pages 1-16, January.
- Rosa-García, Alfonso & Kiss, Hubert Janos, 2011.
30463, University Library of Munich, Germany.
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