We construct a new index of media slant that measures whether a news outlet.s language is more similar to that of a congressional Republican or Democrat. We apply the measure to study the market forces that determine political con- tent in the news. We estimate a model of newspaper demand that...

Charakterisierung von B2B-Märkten -- Instrumente des Online-Marketings.-Social-Media-Marketing -- Mobile Anwendungen des Online-Marketings -- Trends im Online-Marketing -- Rechtliche Rahmenbedingungen des Online-Marketings.

A fundamental problem in all political systems is that the people in power may extract rents to the detriment of the general public. In a democracy, electoral competition and information provided by the media may keep such rent extraction at bay. We develop a simple model where rents are...

This paper examines the welfare implications of different libel law standards as applied to newspapers in publishing stories. Our work extends the current literature by permitting private and public incentives to deviate, giving rise to an agency problem, and by formulating a two-stage decision...