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Chapter 14. Media Bias in the Marketplace : Theory

Gentzkow, Matthew; Shapiro, Jesse M.; Stone, Daniel F. - 2015

Persistent link: https://www.econbiz.de/10014025202

Information Diffusion and Speed Competition

He, Xuezhong - 2019

Speed hierarchy not only motivates fast trading competition on less precise information but also renders slower traders more informative. As a result, endogenous speed acquisition in equilibrium affects how information is produced and spread. When information diffusion is characterized by its...

Persistent link: https://www.econbiz.de/10012898335

Buyer Power and Information Sharing

Kim, In Kyung - 2020

We study how buyer power affects producers' incentives to share information with retailers. Adopting the Bayesian persuasion framework, we show that full information disclosure is optimal only when buyer power is sufficiently low. Using the presence of retail price recommendations as the proxy...

Persistent link: https://www.econbiz.de/10012852743

Information gatekeeping and media bias

Eraslan, Hülya; Özertürk, Saltuk - 2018

We develop a model to study the political economy implications of information gatekeeping, i.e., a policy of granting access only to friendly media outlets and denying access to critical ones. While an incumbent prefers positive bias, granting access improves her re-election probability only if...

Persistent link: https://www.econbiz.de/10011824212

Competitive Information Discovery

Mandler, Michael - 2019

In classical models of markets, the state of nature is revealed regardless of the actions agents take. If instead agents can uncover information they will determine which states can be distinguished and thus which goods are traded. Competitive equilibria can then be inefficient. One source of...

Persistent link: https://www.econbiz.de/10012901091

Competitive Information Disclosure by Multiple Senders

Au, Pak Hung - 2018

We analyze a model of competition in Bayesian persuasion in which multiple symmetric senders vie for the patronage of a receiver by disclosing information about their respective proposal qualities. We show that a symmetric equilibrium exists and is unique. We then show that as the number of...

Persistent link: https://www.econbiz.de/10012936516

Information Sharing and Competition in the Motor Vehicle Industry

Doyle, Maura P.; Snyder, Christopher M. - 1997

Up to six months ahead of actual production, U.S. automakers announce plans for their monthly domestic production of cars. A leading industry trade journal publishes the initial plan and then a series of revisions leading up to the month in question. We analyze a panel data set spanning the...

Persistent link: https://www.econbiz.de/10014200679

Media Competition and Information Disclosure

Andina-Díaz, Ascensión - 2007

This paper analyzes an election game where self-interested politicians can exploit the lack of information that voters have about candidates' preferred policies in order to pursue their own agendas. In such a setup, we study the incentives of newspapers to acquire costly information, and how...

Persistent link: https://www.econbiz.de/10014224324

Information Sharing in a Perfectly Competitive Market

Lou, Youcheng; Yang, Yaqing - 2022

each other via an information network and investigate the impact of network connectedness on market equilibrium outcomes …. We find that in the equilibrium with endogenous information, increasing network connectedness increases the total … necessary and sufficient condition on the monotonicity of traders' welfare over network connectedness. We also show that the …

Persistent link: https://www.econbiz.de/10014082033

Platform competition and information sharing

Petropoulos, Georgios; Martens, Bertin; Parker, Geoffrey; … - 2023

mandatory information sharing mechanism from big tech to their competitors that help the latter to improve their network value … between information and network value. …

Persistent link: https://www.econbiz.de/10014365917