The sound of silence: Political accountability and libel law

  title={The sound of silence: Political accountability and libel law},
  author={Gabriele Gratton},
  journal={European Journal of Political Economy},
  • G. Gratton
  • Published 2015
  • Economics
  • European Journal of Political Economy
This paper explores the role played by press regulation in selecting the information mass media deliver to voters. The focus is on whether press regulation can reduce political corruption and increase voters' welfare. By endogenizing the response of the voters to information from the media, we clarify under which circumstances regulation reduces or increases corruption. We show that punitive laws can reduce political corruption only if the moral hazard problem dominates adverse selection and… Expand

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