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Do People Value More Informative News?

Felix Chopra, Ingar Haaland and Christopher Roth
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Felix Chopra: University of Bonn
Ingar Haaland: University of Bergen and CESifo

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: 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 information. We discuss the implications of our findings for the regulation of media markets.

Keywords: News Consumption; Information; Media Bias; Belief Polarization; Informativeness JEL codes: D83; D91; L82 (search for similar items in EconPapers)
Date: 2020
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https://warwick.ac.uk/fac/soc/economics/research/w ... werp_1285_-_roth.pdf

Related works:
Working Paper: Do People Value More Informative News? (2020) Downloads
Working Paper: Do People Value More Informative News? (2020) Downloads
Working Paper: Do People Value More Informative News? (2019) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:1285

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