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I analyze a simple model of the market for news in which consumers and reporters both misinterpret information ideologically and have biased beliefs about the extent to which others misinterpret information. I show that for some parameter values, in equilibrium: i) a monopolist media outlet...
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I present a model of affective polarization ("that both Republicans and Democrats increasingly dislike, even loathe, their opponents," Iyengar et al, 2012) via Bayesian inference. Two agents, representing the parties, repeatedly make policy choices. Each choice is based on a balance of concerns...
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