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Biased media in an unbiased market

Author

Listed:
  • Graham Beattie

    (University of Pittsburgh)

Abstract

It is well documented that biased media coverage can arise because of biases on the part of consumers, media outlets, or advertisers. I present a model in which neither media outlets nor their consumers are biased. I show that biased coverage can occur if information is costly for media outlets to acquire.

Suggested Citation

  • Graham Beattie, 2017. "Biased media in an unbiased market," Economics Bulletin, AccessEcon, vol. 37(4), pages 2741-2752.
    • Handle: RePEc:ebl:ecbull:eb-17-00268
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2017/Volume37/EB-17-V37-I4-P246.pdf
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    References listed on IDEAS

    as
    1. Sobbrio, Francesco, 2014. "Citizen-editors' endogenous information acquisition and news accuracy," Journal of Public Economics, Elsevier, vol. 113(C), pages 43-53.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    media bias; information acquisition; uncertainty; media economics; political economy;
    All these keywords.

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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    Access and download statistics

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