of consumers and accordingly slants its reporting. It is shown that competition may not decrease bias, but may actually … enhance it. Finally, even when it increases bias, competition may improve welfare by expanding the market for news …This paper develops a model of media bias in which rational agents acquire all their news from the source that is most …

access only to friendly media outlets and denying access to critical ones. While an incumbent prefers positive bias, granting … gatekeeping can induce a quid pro quo relationship: media provides coverage with positive bias in exchange of future access …

some facts are nonverifiable. We use the model to address several questions, including the impact of competition on bias …, the incentives to report unpopular news, and the impact of owner ideology on bias. In general, competition does not lead …Two aspects of media bias are important empirically. First, bias is persistent: it does not seem to disappear even when …

zentralen Adoptionsfaktoren. Auf der Grundlage der Principal-Agent-Theorie entwickelt Christina Rabe ein Modell zur Relevanz und …