eprintid: 49896
rev_number: 17
eprint_status: archive
userid: 1482
importid: 105
dir: disk0/00/04/98/96
datestamp: 2024-12-05 15:30:35
lastmod: 2025-04-03 12:10:42
status_changed: 2025-04-03 12:10:42
type: monograph
metadata_visibility: show
creators_name: Panova, Elena
creators_id: elena.panova@tse-fr.eu
creators_idrefppn: 283169281
creators_halaffid: 1002422
title: Media market structure and confirmatory news
ispublished: pub
subjects: subjects_ECO
abstract: 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.
date: 2025-03
date_type: published
publisher: TSE Working Paper
official_url: http://tse-fr.eu/pub/129948
faculty: tse
divisions: tse
keywords: quality of news
keywords: competition
keywords: reputational cheap-talk
language: en
has_fulltext: TRUE
subjectsJEL: JEL_D82
subjectsJEL: JEL_L10
subjectsJEL: JEL_L82
view_date_year: 2025
full_text_status: public
monograph_type: working_paper
series: TSE Working Paper
volume: 24-1597
place_of_pub: Toulouse
pages: 16
institution: Université Toulouse Capitole
department: Toulouse School of Economics
book_title: TSE Working Paper
oai_identifier: oai:tse-fr.eu:129948
harvester_local_overwrite: department
harvester_local_overwrite: creators_name
harvester_local_overwrite: pending
harvester_local_overwrite: subjectsJEL
harvester_local_overwrite: creators_idrefppn
harvester_local_overwrite: creators_halaffid
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harvester_local_overwrite: abstract
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oai_lastmod: 2025-03-31T11:53:01Z
oai_set: tse
site: ut1
citation:   Panova, ElenaIdRef <https://www.idref.fr/283169281>  (2025) Media market structure and confirmatory news.  TSE Working Paper, n. 24-1597, Toulouse     
document_url: https://publications.ut-capitole.fr/id/eprint/49896/1/wp_tse_1597.pdf