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Media BiasSendhil MullainathanHarvard University - Department of Economics; National Bureau of Economic Research (NBER) Andrei ShleiferHarvard University - Department of Economics; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI) 2002 Harvard Institute Research Working Paper No. 1981; MIT Department of Economics Working Paper No. 02-33 Abstract: There are two different types of media bias. One bias, which we refer to as ideology, reflects a news outlet's desire to affect reader opinions in a particular direction. The second bias, which we refer to as spin, reflects the outlet's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories.
Number of Pages in PDF File: 27 Keywords: Media Bias JEL Classification: D23, L82 working papers seriesDate posted: November 20, 2002Suggested CitationContact Information
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