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Does Foreign Media Entry Tempers Government Media Bias?

Author

Listed:
  • Hon Foong Cheah

    (Chongqing Technology and Business University)

Abstract

Using a two period agency model similar to Morris (2001), I analyze the change in government media bias when individual public has access to an imperfectly informed news outlet. I found that while greater information availability reduces the government's benefit from lying -- as more information limits government's ability to influence. It also lower its cost -- as it limits future ability to influence reducing the government's incentive to build reputation. Both effects counteract one another, reducing the decrease in government media bias.

Suggested Citation

  • Hon Foong Cheah, 2014. "Does Foreign Media Entry Tempers Government Media Bias?," Economics Bulletin, AccessEcon, vol. 34(1), pages 530-540.
    • Handle: RePEc:ebl:ecbull:eb-13-00734
    as

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    References listed on IDEAS

    as
    1. Brunetti, Aymo & Weder, Beatrice, 2003. "A free press is bad news for corruption," Journal of Public Economics, Elsevier, vol. 87(7-8), pages 1801-1824, August.
    2. Besley, Timothy, 2007. "Principled Agents?: The Political Economy of Good Government," OUP Catalogue, Oxford University Press, number 9780199283910, Decembrie.
    3. James M. Snyder & David Strömberg, 2010. "Press Coverage and Political Accountability," Journal of Political Economy, University of Chicago Press, vol. 118(2), pages 355-408, April.
    4. Mailath, George J. & Samuelson, Larry, 2006. "Repeated Games and Reputations: Long-Run Relationships," OUP Catalogue, Oxford University Press, number 9780195300796, Decembrie.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Government control of media; media bias; independent media;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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