Bernhardt, Dan; Krasa, Stefan; Polborn, Mattias - In: Journal of Public Economics 92 (2008) 5-6, pp. 1092-1104
We develop a model in which profits of media firms depend on their audience ratings, and maximizing profits may involve catering to a partisan audience by suppressing information that the partisan audience does not like hearing. While voters are rational, understand the nature of the news...
