?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F49896%2F&rft.title=Media+market+structure+and+confirmatory+news&rft.creator=Panova%2C+Elena&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=This+paper+extends+the+reputational+cheap-talk+model+to+study+the%0D%0Aeffect+of+media+market+structure+on+the+quality+of+news%2C+depending+on+news+coverage+characterized+by%3A+(i)+the+precision+of+common+priors+and+(ii)+the+likelihood+of+follow-up+quality+assessment.+We+find+that+competition+(weakly)+increases+the+quality+of+news%2C+except+when+the+news+covers+controversial+issues%2C+the+quality+of+which+is+likely+to+remain+uncertain%2C+such+as+politics.+Competition+adversely+affects+the+quality+of+such+news+by+increasing+the+elasticity+of+demand%2C+thereby+creating+incentives+to+confirm+common+priors.&rft.publisher=TSE+Working+Paper&rft.date=2025-03&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F49896%2F1%2Fwp_tse_1597.pdf&rft.identifier=++Panova%2C+ElenaIdRef+%3Chttps%3A%2F%2Fwww.idref.fr%2F283169281%3E++(2025)+Media+market+structure+and+confirmatory+news.++TSE+Working+Paper%2C+n.+24-1597%2C+Toulouse+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F129948&rft.language=en