TY  - RPRT
        AU  - Grunewald, Andreas
AU  - Kräkel, Matthias
        TI  - Fake News
        PY  - 2017/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11207
        UR  - https://www.iza.org/publications/dp11207
        AB  - In the last decade, social media and the Internet have amplified the possibility to spread false information, a.k.a. fake news, which has become a serious threat to the credibility of politicians, organizations, and other decision makers. This paper proposes a framework for investigating the incentives to strategically spread fake news under different institutional configurations and payoff structures. In particular, we show under what conditions institutions that foster transparency in the media cause more fake news. Complementary, we study what kind of environments are particularly susceptible to the production of fake news.
        KW  - signal jamming
KW  - electoral competition
KW  - campaigning
KW  - vertical product differentiation
        ER  -