Ellman, Matthew; Germano, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2004
We model the market for news as a two-sided market where newspapers sell news to readers who value accuracy, and sell … sufficiently reduces advertiser profits, whereas in the duopoly case, newspapers may paradoxically increase accuracy as the size of … advertisers grows. We then show how advertisers can thwart this competitive effect on newspaper accuracy by committing to certain …