Corruption Via Media Capture: The Effect of Competition

被引:4
|
作者
Vaidya, Samarth [1 ]
Gupta, Rupayan [2 ]
机构
[1] Deakin Univ, Dept Econ, Deakin Business Sch, Geelong, Vic 3217, Australia
[2] Roger Williams Univ, Gabelli Sch Business, Dept Econ, Bristol, RI 02809 USA
关键词
INFORMATION; BEHAVIOR; ACCOUNTABILITY; POLITICIANS; DEMOCRACY; SCANDALS; NEGLECT; MARKET;
D O I
10.1002/soej.12105
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this article, we compare a government's optimal choice of whether to engage in corruption by capturing the media outlets through bribery in two alternative media market structures: monopoly versus duopoly. While there is an extra bribe claimant in a media duopoly relative to monopoly, it may also be harder for each firm to individually expose corruption when the rival co-opts with the government. We find that when the latter effect is stronger than the former, media is captured at lower bribes under duopoly relative to monopoly and in such instances media competition facilitates rather than hindering corruption.
引用
收藏
页码:1327 / 1348
页数:22
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