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Media bias and electoral competition

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  • Ascensión Andina Díaz

    (Universidad de Málaga)

Abstract

We present a model of electoral competition with uninformed voters. There is a market for news with ideological media outlets. We consider two market structures: monopoly and duopoly. We show that if each party has the support of an outlet, either party has the same probability of winning the election. However, if just one of the parties has the support of the media, the results might well change as this party will get into o􀀡ce with a higher probability than the other party. We also analyze voters’ welfare and show that the important aspect is whether a media industry exists, and not the number of media outlets.

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Article provided by Fundación SEPI in its journal Investigaciones Económicas.

Volume (Year): 33 (2009)
Issue (Month): 2 (May)
Pages: 211-231

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Handle: RePEc:iec:inveco:v:33:y:2009:i:2:p:211-231

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Related research

Keywords: Election; accountability; media bias.;

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  1. Besley, Timothy J. & Burgess, Robin, 2001. "The Political Economy of Government Responsiveness: Theory and Evidence from India," CEPR Discussion Papers 2721, C.E.P.R. Discussion Papers.
  2. John Ferejohn, 1986. "Incumbent performance and electoral control," Public Choice, Springer, vol. 50(1), pages 5-25, January.
  3. Vaidya, Samarth, 2005. "Corruption in the media's gaze," European Journal of Political Economy, Elsevier, vol. 21(3), pages 667-687, September.
  4. Corneo, Giacomo, 2005. "Media capture in a democracy: the role of wealth concentration," Discussion Papers 2005/1, Free University Berlin, School of Business & Economics.
  5. Robert Barro, 1973. "The control of politicians: An economic model," Public Choice, Springer, vol. 14(1), pages 19-42, March.
  6. Ascensión Andina, 2004. "Asymmetric Information And Electoral Campaigns: The Monitoring Role Of Media," Working Papers. Serie AD 2004-32, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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