While the availability of information has increased rapidly, the public is still considered poorly informed. This paper contributes to the emerging field of media economics by studying how the demand side of the media market affects news production and consumption. We show that consumers are...

This paper investigates the impact of the media on the allocation of humanitarian aid. We analyze the emergency assistance provided by four Belgian aid organizations to disasters that occurred from 2002 until 2004 and the media coverage of these disasters by two Belgian newspapers. We find a...