Panova, Elena - Centre Interuniversitaire sur le Risque, les Politiques … - 2009
on the market perception of the media's ability to receive correct information: it is positive if and only if news is … potentially useful for the voting decision. When the media receives information which contradics commonly shared priors, it either … reports this information or it confirms the priors: "most likely, my information is correct, but my potential buyers may be …