Showing 1 - 10 of 812
There are two different types of media bias. One bias, which we refer to as ideology, reflects a news outlet's desire … to affect reader opinions in a particular direction. The second bias, which we refer to as spin, reflects the outlet …. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories …
Persistent link: https://www.econbiz.de/10012469412
We document the immediate and long-term effects of violent media. Specifically, we evaluate the effects of The Ultimate Fighter, a hit TV show that features fighters competing in violent mixed martial arts and which brought Ultimate Fighting Championship into the mainstream. We estimate the...
Persistent link: https://www.econbiz.de/10012481823
Does media bias affect voting? We address this question by looking at the entry of Fox News in cable markets and its … bias and about politician quality. The Fox News effect could be a temporary learning effect for rational voters, or a …
Persistent link: https://www.econbiz.de/10012466500
quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in … which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality. Bias … emerges in our model even though it can make all market participants worse off. The model predicts that bias will be less …
Persistent link: https://www.econbiz.de/10012467012
China's national accounts are based on data collected by local governments. However, since local governments are … rewarded for meeting growth and investment targets, they have an incentive to skew local statistics. China's National Bureau of …
Persistent link: https://www.econbiz.de/10012479705
We audit the job recommender algorithms used by four Chinese job boards by creating fictitious applicant profiles that differ only in their gender. Jobs recommended uniquely to the male and female profiles in a pair differ modestly in their observed characteristics, with female jobs advertising...
Persistent link: https://www.econbiz.de/10015056215
News media operate in two-sided markets, offering bundles of content to readers as well as selling readers' attention to advertisers. Technological innovations in content delivery, such as the advent of broadcast television or of the Internet, affect both sides of the market, threatening the...
Persistent link: https://www.econbiz.de/10012479306
This paper assesses the impact of media sentiment on international equity prices using a dataset of more than 4.5 million Reuters articles published across the globe between 1991 and 2015. Media sentiment robustly predicts daily returns in both advanced and emerging markets, even after...
Persistent link: https://www.econbiz.de/10012481003
This paper examines the impact of partisan control of the media on news content and viewership by consumers with differing ideologies. We use data from Italy, where the main private television network is owned by Silvio Berlusconi, the leader of the center-right coalition, and the public...
Persistent link: https://www.econbiz.de/10012463885
We argue that profit-maximizing media help overcome the problem of "rational ignorance" highlighted by Downs (1957) and in so doing make elected representatives more sensitive to the interests of general voters. By collecting news and combining it with entertainment, media are able to inform...
Persistent link: https://www.econbiz.de/10012464287