Information Manipulation, Coordination, and Regime Change
This article presents a model of information manipulation and political regime change. There is a regime that can be overthrown but only if enough citizens participate in an uprising. Citizens are imperfectly informed about the regime's ability to resist an uprising and the regime can engage in propaganda that, taken at face-value, makes the regime seem stronger than it truly is. This coordination game with endogenous information manipulation has a unique equilibrium and the article gives a complete analytic characterization of the equilibrium's comparative statics. Holding fixed the number of signals available to citizens, if the per-unit signal precision is sufficiently high then the regime is harder to overthrow. In contrast, if the number of signals increases, so that both total signal precision and the regime's costs of manipulation rise together, then the regime is easier to overthrow unless there are strong economies of scale in information control. Copyright 2013, Oxford University Press.
Volume (Year): 80 (2013)
Issue (Month): 4 ()
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- Ivan Werning & George-Marios Angeletos, 2005.
"Crises and Prices: Information Aggregation, Multiplicity and Volatility,"
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- repec:cup:cbooks:9780521855266 is not listed on IDEAS
- Daron Acemoglu & Georgy Egorov & Konstantin Sonin, 2008. "Coalition Formation in Non-Democracies," Review of Economic Studies, Oxford University Press, vol. 75(4), pages 987-1009.
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