nep-cul New Economics Papers
on Cultural Economics
Issue of 2011‒10‒01
two papers chosen by
Roberto Zanola
University Amedeo Avogadro

  1. Why do Facebook and Twitter facilitate revolutions more than TV and radio? By Kiss, Hubert Janos; Rosa-García, Alfonso
  2. Internet, IT-boomen och reklambranschen under andra hälften av nittiotalet - Transkript av ett vittnesseminarium på ABF-huset i Stockholm den 17 februari 2010. By Sjöblom (red.), Gustav; Axelsson (red.), Ann-Sofie; Broberg (red.), Oskar

  1. By: Kiss, Hubert Janos; Rosa-García, Alfonso
    Abstract: A 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.
    Keywords: social media; mass media; revolution; coordination game; sequential games
    JEL: D74 D02 C72
    Date: 2011–09–19
  2. By: Sjöblom (red.), Gustav (Chalmers); Axelsson (red.), Ann-Sofie (Chalmers); Broberg (red.), Oskar (Department of Economic History, School of Business, Economics and Law, Göteborg University)
    Abstract: This publication is a commented transcript of a witness seminar in February 2010 within the research project ”The Swedish digital wonder in the advertising industry”. The purpose of the seminar, which was open to the public, was to document the shifting boundaries between the advertising, media, and information technology industries in the wake of the breakthrough of the Internet from the mid-1990s. We invited six persons, who at that time were centrally placed in these industries, to share their reminiscences and comment on testimonies of the other participants. The seminar was moderated by two researchers in the project. The transcript has been edited prudently in order to improve the readability while preserving the colloquial character. We have moreover provided the transcript with explanatory footnotes and a short introduction. The purpose of publishing the transcript in this series is twofold: to create an oral history source and make it accessible, but also to introduce the witness seminar as an historical documentation method in economic history and business history.<p>
    Keywords: advertising; economic history; information technology; internet; media; methodology; oral history; witness seminars
    JEL: L22 L26 L82 L86 M13 M37 N01 N74 O33
    Date: 2011–09–23

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