Media bias with asymmetric media quality

Sangwoo Yang

Applied Economics Letters, 2022, vol. 29, issue 19, 1810-1814

Abstract: This paper develops a location model of media bias with asymmetric media quality. In the model, media quality is defined as an ability to reduce the boundedly rational consumers’ efforts in reasoning information. The model shows that an equilibrium bias exists unless the cost of a high-quality media outlet for adjusting bias is small enough. The size and location of the equilibrium bias gap between media outlets depend on the quality difference. The results may provide a comprehensive understanding of the existing views that competition increases or lessens the media bias.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2021.1963401 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:29:y:2022:i:19:p:1810-1814

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2021.1963401

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().