Encyclopedia of Law and Economics

Living Edition
| Editors: Alain Marciano, Giovanni Battista Ramello


Living reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7883-6_315-1


Citizens can use media to solve political agency problems. To be useful for this purpose, however, media must be free. Freer media are strongly associated with superior political-economic outcomes and may be especially important to fostering political-economic improvement in the developing world.


Europe Income Romania Peru 
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Copyright information

© Springer Science+Business Media New York 2016

Authors and Affiliations

  1. 1.Department of EconomicsGeorge Mason UniversityFairfaxUSA