37 Pages Posted: 6 Mar 2009 Last revised: 12 Jul 2010
Date Written: November 3, 2008
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: 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