Competition and Commercial Media Bias
Andrea Blasco and
Francesco Sobbrio
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
This paper reviews the empirical evidence on commercial media bias (i.e., advertisers inuence over news reports) and then introduces a simple model to summarize the main elements of the theoretical literature. The analysis provides three main policy insights for media regulators: i) Media regulators should target their monitoring efforts towards news contents upon which advertisers are likely to share similar preferences; ii) In advertising industries characterized by highly correlated products, an increase in the degreeof competition may translate into a lower accuracy of news reports; iii) A sufficiently high degree of competition in the market for news may drive out commercial media bias.
JEL-codes: D82 L13 L15 L82 (search for similar items in EconPapers)
Date: 2011-06
New Economics Papers: this item is included in nep-com, nep-cul, nep-ind and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
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http://amsacta.unibo.it/4474/1/WP767.pdf (application/pdf)
Related works:
Journal Article: Competition and commercial media bias (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp767
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