Dewenter, Ralf; Heimeshoff, Ulrich - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2014
This paper investigates the existence of a possible media bias by analyzing the impact of auto- mobile manufacturer’s advertisements on automobile reviews in a leading German car maga- zine. By accounting for both endogeneity and sample selection using a two-step procedure, we find a positive...