RT Monograph
SR 00
A1 Panova, Elena
T1 Media market structure and confirmatory news
YR 2025
FD 2025-03
VO 24-1597
SP 16
K1 quality of news
K1 competition
K1 reputational cheap-talk
AB This paper extends the reputational cheap-talk model to study the  effect of media market structure on the quality of news, depending on news coverage characterized by: (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, except when the news covers controversial issues, the quality of which is likely to remain uncertain, such as politics. Competition adversely affects the quality of such news by increasing the elasticity of demand, thereby creating incentives to confirm common priors.
T2 TSE Working Paper
PB TSE Working Paper
PP Toulouse
AV Published
LK https://publications.ut-capitole.fr/id/eprint/49896/
UL http://tse-fr.eu/pub/129948