biased) media outlet collects on the public value of approving/rejecting a policy proposal. The media outlet acts as a filter … idiosyncratic bias. The results show that the higher the idiosyncratic bias of the media outlet, the lower the lobbies' incentives … lobbies, the higher the probability of news-slanting by the media outlet. Moreover, the more voters care about receiving …

We develop a tractable theory to study the impact of biased media on election outcomes, voter turnout and welfare. News … released by media allows voters to infer the relative appeal of the two candidates, and the closeness of elections. In large … elections, the former determines the election outcome, whereas the latter drives voter turnout. With a single media outlet, a …

to greater media coverage of earnings announcements. We also investigate whether greater coverage during times of higher … greater media coverage of earnings announcements and that the greater coverage leads to improvements in investor informedness … to the media serving an expanded role in improving capital markets during more uncertain times, we fail to find that …

We develop a model with many heterogeneous advertisers (products) and advertising markets (media). Each advertiser has …. We characterize the competitive equilibrium in the media markets and investigate the role of targeting for the price and … allocation of advertisements across media markets. An increase in the targeting ability leads to an increase in the total number …