 Do People Value More Informative News?Felix Chopra, Ingar Haaland and Christopher Roth CRC TR 224 Discussion Paper Series from University of Bonn and University of Mannheim, Germany Abstract: We examine whether the desire for more information is people's dominant motive for reading economic and political news. Drawing on representative samples of the U.S. population with more than 15,000 respondents in total, we measure and experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the dominant motive for people's news consumption, treated respondents who think that a newspaper is less likely to suppress information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is more likely to make false claims do not reduce their demand for this outlet. These findings strongly suggest that people have other motives to read news that sometimes conflict with their desire for more informative news. We discuss the implications of our findings for the regulation of media markets. Keywords: News Consumption; Information; Media Bias; Belief Polarization; Informativeness (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bon:boncrc:crctr224_2020_155 Access Statistics for this paper More papers in CRC TR 224 Discussion Paper Series from University of Bonn and University of Mannheim, Germany Kaiserstr. 1, 53113 Bonn , Germany. |
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