Media Bias

27 Pages Posted: 20 Nov 2002

See all articles by Sendhil Mullainathan

Sendhil Mullainathan

Harvard University - Department of Economics; National Bureau of Economic Research (NBER)

Andrei Shleifer

Harvard University - Department of Economics; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)

Multiple version iconThere are 2 versions of this paper

Date Written: 2002

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.

Keywords: Media Bias

JEL Classification: D23, L82

Suggested Citation

Mullainathan, Sendhil and Shleifer, Andrei, Media Bias (2002). Harvard Institute Research Working Paper No. 1981; MIT Department of Economics Working Paper No. 02-33. Available at SSRN: https://ssrn.com/abstract=335800 or http://dx.doi.org/10.2139/ssrn.335800

Sendhil Mullainathan

Harvard University - Department of Economics ( email )

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National Bureau of Economic Research (NBER) ( email )

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Andrei Shleifer (Contact Author)

Harvard University - Department of Economics ( email )

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United States
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HOME PAGE: http://www.economics.harvard.edu/~ashleife/

National Bureau of Economic Research (NBER)

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European Corporate Governance Institute (ECGI)

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