Harvard University - Department of Economics; National Bureau of Economic Research (NBER)
Harvard University - Department of Economics; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)
Harvard Institute Research Working Paper No. 1981; MIT Department of Economics Working Paper No. 02-33
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, L82working papers series
Date posted: November 20, 2002
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