This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as well as for readership. We compare three modes of competition: i) competition in the advertising and the reader market, ii) semi-collusion over advertising (with competition in the...

A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model?s test is based on a unique nationwide fiscal experiment. We...

In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television stations. We find that a shift in the inclination to read, expressed by a shift in the (psychological) distance costs, induces both media outlets to incorporate more entertaining...

We reviewed all articles reporting on job creation and job destruction by companies in Germany between December 2000 and September 2008 in Die Welt, one of the leading German newspapers, using experiments to test our selection criteria. There is a large difference in coverage of job creation and...

This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as well as for readership. We compare three modes of competition: i) competition in the advertising and the reader market, ii) semi-collusion over advertising (with competition in the...

In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television stations. We find that a shift in the inclination to read, expressed by a shift in the (psychological) distance costs, induces both media outlets to incorporate more entertaining...

We reviewed all articles reporting on job creation and job destruction by companies in Germany between December 2000 and September 2008 in Die Welt, one of the leading German newspapers, using experiments to test our selection criteria. There is a large difference in coverage of job creation and...

This paper evaluates the effects of changes in the supply of news provided by newspapers on electoral participation, political selection, and government efficiency. We address these issues in the Italian context by constructing a new dataset covering the presence of local news by different types...

This paper examines the effects of increased transparency over online news sources, which, for example, is enhanced by the new institution of news aggregators. The role of news aggregators is controversially discussed, where the discussion widely points on user side effects. The present paper...

This paper explores the role of mass media in people's perceptions of charismatic leaders, focusing on the case of Junichiro Koizumi, Prime Minister of Japan from 2001 to 2006. Using survey data collected immediately after Koizumi's 2005 landslide electoral victory, this study empirically...