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Esfahani, Nikrooz Nasr and Jeon, Doh-Shin
(2013)
News Aggregators and Competition Among Newspapers on the Internet.
TSE Working Paper, n. 13-388
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Abstract
We study how the presence of a news aggregator affects quality choices of newspapers
competing on the Internet. To provide a microfoundation for the role of the aggregator, we
build a model of multiple issues where each newspaper chooses quality on each issue. This
model captures the "business-stealing effect" and the "readership expansion effect" of the
aggregator. We find that the presence of the aggregator leads newspapers to specialize in
news coverage, changes quality choices from strategic substitutes to strategic complements
and is likely to increase the quality of newspapers and social welfare, with an ambiguous
effect on newspapers’ profits.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | 1 April 2013 |
| JEL Classification: | D21 - Firm Behavior D43 - Oligopoly and Other Forms of Market Imperfection L13 - Oligopoly and Other Imperfect Markets L82 - Entertainment; Media (Performing Arts, Visual Arts, Broadcasting, Publishing, etc.) |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse Capitole |
| Site: | UT1 |
| Date Deposited: | 09 Jul 2014 17:34 |
| Last Modified: | 02 Apr 2021 15:48 |
| OAI Identifier: | oai:tse-fr.eu:27052 |
| URI: | https://publications.ut-capitole.fr/id/eprint/15561 |
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- News Aggregators and Competition Among Newspapers on the Internet. (deposited 09 Jul 2014 17:34) [Currently Displayed]
