Media Bias

Sendhil Mullainathan and Andrei Shleifer

No 1981, Harvard Institute of Economic Research Working Papers from Harvard - Institute of Economic Research

Abstract: There are two different types of media bias. One bias, which we refer to as ideology, reflects a news outlet's desire to affect reader opinions in a particular direction. The second bias, which we refer to as spin, reflects the outlet's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories.

Date: 2002
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