Tools
Tools
Panova, Elena
(2026)
Media market structure and confirmatory news.
Journal of Industrial Economics.
(In Press)
This is the latest version of this item.
Preview |
Text
Download (505kB) | Preview |
Abstract
This paper studies the effect of media market competition on confirmatory bias, the tendency to confirm common priors to appear competent, while accounting for both single- and multi-homing. It finds that competition helps sustain informative reporting when priors are relatively precise, but has the opposite effect when priors are diffuse. The reason is that when competing outlets are perceived as similarly competent, consumers optimally multi-home. This creates strategic complementarity in informative reporting and helps sustain it when the priors are relatively precise. However, when perceived competencies diverge, consumers single-home with the outlet they view as most competent, creating incentives for confirmatory reporting when the priors are diffuse.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | March 2026 |
| Refereed: | Yes |
| Uncontrolled Keywords: | confirmation bias, competition, single- and multi-homing |
| JEL Classification: | D82 - Asymmetric and Private Information L10 - General L82 - Entertainment; Media (Performing Arts, Visual Arts, Broadcasting, Publishing, etc.) |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 11 Jun 2026 13:17 |
| Last Modified: | 11 Jun 2026 13:17 |
| OAI Identifier: | oai:tse-fr.eu:131855 |
| URI: | https://publications.ut-capitole.fr/id/eprint/53747 |
Available Versions of this Item
-
Media market structure and confirmatory news. (deposited 05 Dec 2024 15:30)
- Media market structure and confirmatory news. (deposited 11 Jun 2026 13:17) [Currently Displayed]
