@techreport{publications15561,
          volume = {13-388},
           month = {April},
          author = {Nikrooz  Nasr Esfahani and Doh-Shin Jeon},
          series = {TSE Working Paper},
       booktitle = {TSE Working Paper},
           title = {News Aggregators and Competition Among Newspapers on the Internet},
            type = {Working Paper},
       publisher = {TSE Working Paper},
            year = {2013},
     institution = {Universit{\'e} Toulouse Capitole},
             url = {https://publications.ut-capitole.fr/id/eprint/15561/},
        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.}
}