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Social Networks and the News: An Agent-Based Model of a Media Market

37 Pages Posted: 6 Mar 2009 Last revised: 12 Jul 2010

Oleg Smirnov

State University of New York (SUNY) - Department of Political Science

Allan T. Ingraham

Economists Incorporated; affiliation not provided to SSRN

Date Written: November 3, 2008

Abstract

We propose an agent-based computational model of a media market that consists of two connected levels: media voices reporting news and households forming a social network. To our knowledge, this is the first attempt to model news dissemination in large media markets, as our model accounts for social networks of hundreds of thousands of agents. The model can be applied to address a variety of research questions, including media diversity. Here we report how the basic media market and social network characteristics affect news dissemination among the households.

Keywords: Social Network, Agent-Based Model, Media Diversity, News Market, News Dissemination

Suggested Citation

Smirnov, Oleg and Ingraham, Allan T., Social Networks and the News: An Agent-Based Model of a Media Market (November 3, 2008). Available at SSRN: https://ssrn.com/abstract=1354142 or http://dx.doi.org/10.2139/ssrn.1354142

Oleg Smirnov

State University of New York (SUNY) - Department of Political Science ( email )

Stony Brook, 11794-4392
United States

Allan T. Ingraham (Contact Author)

Economists Incorporated ( email )

2121 K St NW
Suite 1100
Washington, DC 20037
United States
202-747-3540 (Phone)

HOME PAGE: http://www.naviganteconomics.com

affiliation not provided to SSRN

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