The DOI matches its Crossref record; 44 of the 44 references it cites were found in a registry or an index.
Media Bias and Reputation
Open accessAbstract
A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer's prior expectations.We use this fact to build a model of media bias in which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality.Bias emerges in our model even though it can make all market participants worse off.The model predicts that bias will be less severe when consumers receive independent evidence on the true state of the world, and that competition between independently owned news outlets can reduce bias.We present a variety of empirical evidence consistent with these predictions.
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Lord, C. G., Ross, L., & Lepper, M. R. (1979) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.37.11.2098 · Cited by 4,583
Strategic information transmission
Crawford, V. P., & Sobel, J. (1982) · Econometrica · doi:10.2307/1913390 · Cited by 4,293
Reputation and imperfect information
Kreps, D. M., & Wilson, R. (1982) · Journal of Economic Theory · doi:10.1016/0022-0531(82)90030-8 · Cited by 3,087
Predation, reputation, and entry deterrence
Milgrom, P., & Roberts, J. (1982) · Journal of Economic Theory · doi:10.1016/0022-0531(82)90031-x · Cited by 1,846
Mullainathan, S., & Shleifer, A. (2005) · American Economic Review · doi:10.1257/0002828054825619 · Cited by 1,180
Handcuffs for the Grabbing Hand? Media Capture and Government Accountability
Besley, T., & Prat, A. (2006) · American Economic Review · doi:10.1257/aer.96.3.720 · Cited by 1,160
Rationality and Analysts' Forecast Bias
Lim, T. (2001) · The Journal of Finance · doi:10.1111/0022-1082.00329 · Cited by 1,012
Groseclose, T., & Milyo, J. (2005) · The Quarterly Journal of Economics · doi:10.1162/003355305775097542 · Cited by 991
Considering the opposite: A corrective strategy for social judgment.
Lord, C. G., Lepper, M. R., & Preston, E. (1984) · Journal of Personality and Social Psychology · doi:10.1037//0022-3514.47.6.1231 · Cited by 740
Djankov, S., McLiesh, C., Nenova, T., & Shleifer, A. (2003) · The Journal of Law and Economics · doi:10.1086/377116 · Cited by 679
Cited by
Iyengar, S., Sood, G., & Lelkes, Y. (2012) · Public Opinion Quarterly · doi:10.1093/poq/nfs038 · Cited by 2,996
Filter Bubbles, Echo Chambers, and Online News Consumption
Flaxman, S., Goel, S., & Rao, J. M. (2016) · Public Opinion Quarterly · doi:10.1093/poq/nfw006 · Cited by 1,992
Red Media, Blue Media: Evidence of Ideological Selectivity in Media Use
Iyengar, S., & Hahn, K. S. (2009) · Journal of Communication · doi:10.1111/j.1460-2466.2008.01402.x · Cited by 1,940
The Fox News Effect: Media Bias and Voting
DellaVigna, S., & Kaplan, E. (2007) · The Quarterly Journal of Economics · doi:10.1162/qjec.122.3.1187 · Cited by 1,602
A New Era of Minimal Effects? The Changing Foundations of Political Communication
Bennett, W. L., & Iyengar, S. (2008) · Journal of Communication · doi:10.1111/j.1460-2466.2008.00410.x · Cited by 1,558
Metadata
- Authors
- Gentzkow, M., & Shapiro, J.
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2005-10
- OpenAlex
- W3125112043
- Cited by
- 631
- References
- 44
- Type
- report
- Language
- en
- Open access
- green
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