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This paper provides a model of the market for news where profit-maximizing media outlets choose their editors from a population of rational citizens. The analysis identifies a novel mechanism of media bias: the bias in a media outlet's news reports is the result of the slanted endogenous...
Persistent link: https://www.econbiz.de/10011774121
We model a market for news where profit maximizing media outlets choose their editors from a population of rational citizens. We show that when information acquisition is costly, liberal (conservative) citizens find optimal to acquire information from a media outlet having a liberal...
Persistent link: https://www.econbiz.de/10015218822
In this paper, we study a model where voters have state-contingent preferences over policies and lobbies engage in influence activities to affect the information that a media outlet collects on the state of the world. The media outlet acts as a "filter" between lobbies and voters. It has to...
Persistent link: https://www.econbiz.de/10015218824
This paper provides an empirical investigation of electoral participation and communicative voting in 14 European countries. We estimate a multi-level voting process where individuals face a participation decision (whether to vote or abstain) and a voting decision (whether to vote strategically...
Persistent link: https://www.econbiz.de/10015218887
We model a market for news where profit maximizing media outlets choose their editors from a population of rational citizens. We show that when information acquisition is costly, liberal (conservative) citizens find optimal to acquire information from a media outlet having a liberal...
Persistent link: https://www.econbiz.de/10015226561
This paper provides a model of the market for news where profit maximizing media outlets choose their editors from a population of rational citizens. The results show that, when information acquisition is costly, citizens find it optimal to acquire information from a media outlet with an editor...
Persistent link: https://www.econbiz.de/10015226966
This paper provides a model of the market for news where profit-maximizing media outlets choose their editors from a population of rational citizens. The analysis identifies a key novel mechanism of media bias: the bias in a media outlet's news reports may be the result of the slanted endogenous...
Persistent link: https://www.econbiz.de/10015230852
How does the internet affect young people's mental health? We study this question in the context of Italy using administrative data on the universe of cases of mental disorders diagnosed in Italian hospitals between 2001 and 2013, which we combine with information on the availability of...
Persistent link: https://www.econbiz.de/10013351741
Social media are at the center of countless debates on polarization, misinformation, and even the state of democracy in various parts of the world. An essential feature of social media is the ranking algorithm that determines how content is presented to the users. This paper studies the dynamic...
Persistent link: https://www.econbiz.de/10013470270
We investigate the reaction of Italian Members of Parliament to a rigorous fact-checking of their public statements. Our research design relies on a novel randomized field experiment in collaboration with the leading Italian fact-checking company. Our results show that politicians are responsive...
Persistent link: https://www.econbiz.de/10014290032