IDEAS home Printed from https://ideas.repec.org/p/ces/ceswps/_10021.html
   My bibliography  Save this paper

Recent Advances in Studies of News Consumption

Author

Listed:
  • Francesco Capozza
  • Ingar K. Haaland
  • Christopher Roth
  • Johannes Wohlfart

Abstract

We review recent advances in the literature on news consumption. We first provide an overview of different empirical techniques to measure news consumption, including browser data, TV viewership data, and survey-based measures. We also discuss the pros and cons of these different techniques. We next examine ways of differentiating between different theories of news consumption, such as preferences for accuracy versus belief confirmation motives. We conclude by highlighting possible directions for future research.

Suggested Citation

  • Francesco Capozza & Ingar K. Haaland & Christopher Roth & Johannes Wohlfart, 2022. "Recent Advances in Studies of News Consumption," CESifo Working Paper Series 10021, CESifo.
  • Handle: RePEc:ces:ceswps:_10021
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/cesifo1_wp10021.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Hainmueller, Jens & Hiscox, Michael J., 2010. "Attitudes toward Highly Skilled and Low-skilled Immigration: Evidence from a Survey Experiment," American Political Science Review, Cambridge University Press, vol. 104(1), pages 61-84, February.
    2. Mitchell Hoffman, 2016. "How is Information Valued? Evidence from Framed Field Experiments," Economic Journal, Royal Economic Society, vol. 126(595), pages 1884-1911, September.
    3. Banerjee,Abhijit & La Ferrara,Eliana & Orozco Olvera,Victor Hugo, 2019. "The Entertaining Way to Behavioral Change : Fighting HIV with MTV," Policy Research Working Paper Series 8998, The World Bank.
    4. Jonas Hjort & Diana Moreira & Gautam Rao & Juan Francisco Santini, 2021. "How Research Affects Policy: Experimental Evidence from 2,150 Brazilian Municipalities," American Economic Review, American Economic Association, vol. 111(5), pages 1442-1480, May.
    5. Jonathan de Quidt & Johannes Haushofer & Christopher Roth, 2018. "Measuring and Bounding Experimenter Demand," American Economic Review, American Economic Association, vol. 108(11), pages 3266-3302, November.
    6. Luigi Paciello & Mirko Wiederholt, 2014. "Exogenous Information, Endogenous Information, and Optimal Monetary Policy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(1), pages 356-388.
    7. Khan, Adnan & Nasim, Sanval & Shaukat, Mahvish & Stegmann, Andreas, 2021. "Building trust in the state with information: Evidence from urban Punjab," Journal of Public Economics, Elsevier, vol. 202(C).
    8. repec:cup:apsrev:v:113:y:2019:i:04:p:902-916_00 is not listed on IDEAS
    9. Kindermann, Fabian & Le Blanc, Julia & Piazzesi, Monika & Schneider, Martin, 2021. "Learning about Housing Cost: Survey Evidence from the German House Price Boom," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242386, Verein für Socialpolitik / German Economic Association.
    10. Bartosz Maćkowiak & Mirko Wiederholt, 2015. "Business Cycle Dynamics under Rational Inattention," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(4), pages 1502-1532.
    11. Bruce, Raphael & Lima, Rafael Costa, 2019. "Compulsory voting and TV news consumption," Journal of Development Economics, Elsevier, vol. 138(C), pages 165-179.
    12. Andreas Fuster & Ricardo Perez-Truglia & Mirko Wiederholt & Basit Zafar, 2022. "Expectations with Endogenous Information Acquisition: An Experimental Investigation," The Review of Economics and Statistics, MIT Press, vol. 104(5), pages 1059-1078, December.
    13. Hobbs, William R. & Roberts, Margaret E., 2018. "How Sudden Censorship Can Increase Access to Information," American Political Science Review, Cambridge University Press, vol. 112(3), pages 621-636, August.
    14. Marco Gambaro & Valentino Larcinese & Riccardo Puglisi & James M. Snyder Jr., 2021. "The Revealed Demand for Hard vs. Soft News: Evidence from Italian TV Viewership," NBER Working Papers 29020, National Bureau of Economic Research, Inc.
    15. Darya Korlyakova, 2021. "Learning about Ethnic Discrimination from Different Information Sources," CERGE-EI Working Papers wp689, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    16. Bartosz Mackowiak & Mirko Wiederholt, 2009. "Optimal Sticky Prices under Rational Inattention," American Economic Review, American Economic Association, vol. 99(3), pages 769-803, June.
    17. Eleonora Freddi, 2021. "Do People Avoid Morally Relevant Information? Evidence from the Refugee Crisis," The Review of Economics and Statistics, MIT Press, vol. 103(4), pages 605-620, October.
    18. La Ferrara, Eliana & DellaVigna, Stefano, 2015. "Economic and Social Impacts of the Media," CEPR Discussion Papers 10667, C.E.P.R. Discussion Papers.
    19. Yuyu Chen & David Y. Yang, 2019. "The Impact of Media Censorship: 1984 or Brave New World?," American Economic Review, American Economic Association, vol. 109(6), pages 2294-2332, June.
    20. Cantoni, Davide & Bursztyn, Leonardo & Yuchtman, Noam & Funk, Patricia, 2017. "Polls, the Press, and Political Participation: The Effects of Anticipated Election Closeness on Voter Turnout," CEPR Discussion Papers 12088, C.E.P.R. Discussion Papers.
    21. Antonio Gargano & Alberto G Rossi, 2018. "Does It Pay to Pay Attention?," The Review of Financial Studies, Society for Financial Studies, vol. 31(12), pages 4595-4649.
    22. David Eil & Justin M. Rao, 2011. "The Good News-Bad News Effect: Asymmetric Processing of Objective Information about Yourself," American Economic Journal: Microeconomics, American Economic Association, vol. 3(2), pages 114-138, May.
    23. Ingar Haaland & Christopher Roth, 2023. "Beliefs about Racial Discrimination and Support for Pro-Black Policies," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 40-53, January.
    24. Alexis Grigorieff & Christopher Roth & Diego Ubfal, 2020. "Does Information Change Attitudes Toward Immigrants?," Demography, Springer;Population Association of America (PAA), vol. 57(3), pages 1117-1143, June.
    25. Bartosz Maćkowiak & Filip Matějka & Mirko Wiederholt, 2023. "Rational Inattention: A Review," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 226-273, March.
    26. Stefanie Stantcheva, 2021. "Understanding Tax Policy: How do People Reason?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(4), pages 2309-2369.
    27. Ruben Durante & Brian Knight, 2012. "Partisan Control, Media Bias, And Viewer Responses: Evidence From Berlusconi'S Italy," Journal of the European Economic Association, European Economic Association, vol. 10(3), pages 451-481, May.
    28. Arna Olafsson & Michaela Pagel, 2017. "The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity," NBER Working Papers 23945, National Bureau of Economic Research, Inc.
    29. David Yanagizawa-Drott, 2014. "Propaganda and Conflict: Evidence from the Rwandan Genocide," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(4), pages 1947-1994.
    30. Roland Bénabou & Jean Tirole, 2016. "Mindful Economics: The Production, Consumption, and Value of Beliefs," Journal of Economic Perspectives, American Economic Association, vol. 30(3), pages 141-164, Summer.
    31. Chater, Nick & Loewenstein, George, 2016. "The under-appreciated drive for sense-making," Journal of Economic Behavior & Organization, Elsevier, vol. 126(PB), pages 137-154.
    32. De Benedictis-Kessner, Justin & Baum, Matthew A. & Berinsky, Adam J. & Yamamoto, Teppei, 2019. "Persuading the Enemy: Estimating the Persuasive Effects of Partisan Media with the Preference-Incorporating Choice and Assignment Design," American Political Science Review, Cambridge University Press, vol. 113(4), pages 902-916, November.
    33. Eliana La Ferrara, 2016. "Mass Media and Social Change: Can We Use Television to Fight Poverty?," Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 791-827.
    34. Jeffrey Ely & Alexander Frankel & Emir Kamenica, 2015. "Suspense and Surprise," Journal of Political Economy, University of Chicago Press, vol. 123(1), pages 215-260.
    35. Christopher Roth & Johannes Wohlfart, 2020. "How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?," The Review of Economics and Statistics, MIT Press, vol. 102(4), pages 731-748, October.
    36. Fernanda Leite Lopez de Leon & Renata Rizzi, 2014. "A Test for the Rational Ignorance Hypothesis: Evidence from a Natural Experiment in Brazil," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 380-398, November.
    37. Hyunyoung Choi & Hal Varian, 2012. "Predicting the Present with Google Trends," The Economic Record, The Economic Society of Australia, vol. 88(s1), pages 2-9, June.
    38. Matthew Gentzkow & Jesse M. Shapiro, 2006. "Media Bias and Reputation," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 280-316, April.
    39. Ro'ee Levy, 2021. "Social Media, News Consumption, and Polarization: Evidence from a Field Experiment," American Economic Review, American Economic Association, vol. 111(3), pages 831-870, March.
    40. Hainmueller, Jens & Hiscox, Michael J., 2010. "Attitudes toward Highly Skilled and Low-skilled Immigration: Evidence from a Survey Experiment—Erratum," American Political Science Review, Cambridge University Press, vol. 104(3), pages 624-624, August.
    41. Eliana La Ferrara, 2016. "Mass Media And Social Change: Can We Use Television To Fight Poverty?," Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 791-827, August.
    42. Bence Bago & David Rand & Gordon Pennycook, 2020. "Fake news, fast and slow: Deliberation reduces belief in false (but not true) news headlines," Post-Print hal-03477497, HAL.
    43. Niklas Karlsson & George Loewenstein & Duane Seppi, 2009. "The ostrich effect: Selective attention to information," Journal of Risk and Uncertainty, Springer, vol. 38(2), pages 95-115, April.
    44. Andrew Caplin, 2016. "Measuring and Modeling Attention," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 379-403, October.
    45. Erik Peterson & Shanto Iyengar, 2021. "Partisan Gaps in Political Information and Information‐Seeking Behavior: Motivated Reasoning or Cheerleading?," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 133-147, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sebastian Link & Andreas Peichl & Christopher Roth & Johannes Wohlfart, 2023. "Attention to the Macroeconomy," ECONtribute Discussion Papers Series 256, University of Bonn and University of Cologne, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francesco Capozza & Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2021. "Studying Information Acquisition in the Field: A Practical Guide and Review," CEBI working paper series 21-15, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    2. Ingar Haaland & Christopher Roth & Johannes Wohlfart, 2023. "Designing Information Provision Experiments," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 3-40, March.
    3. Felix Chopra & Ingar K. Haaland & Christopher Roth, 2019. "Do People Value More Informative News?," CESifo Working Paper Series 8026, CESifo.
    4. Leonardo Bursztyn & Ingar K. Haaland & Aakaash Rao & Christopher P. Roth, 2020. "Disguising Prejudice: Popular Rationales as Excuses for Intolerant Expression," NBER Working Papers 27288, National Bureau of Economic Research, Inc.
    5. Bartosz Maćkowiak & Filip Matějka & Mirko Wiederholt, 2023. "Rational Inattention: A Review," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 226-273, March.
    6. Chopra, Felix & Haaland, Ingar & Roth, Christopher, 2022. "Do people demand fact-checked news? Evidence from U.S. Democrats," Journal of Public Economics, Elsevier, vol. 205(C).
    7. Chopra, Felix & Haaland, Ingar & Roth, Christopher, 2021. "The Demand for FactChecking," CAGE Online Working Paper Series 563, Competitive Advantage in the Global Economy (CAGE).
    8. Roth, Christopher & Chopra, Felix & Haaland, Ingar, 2022. "The Demand for News: Accuracy Concerns versus Belief Confirmation Motives," CEPR Discussion Papers 17169, C.E.P.R. Discussion Papers.
    9. Elisa Mougin, 2021. "Three essays in the political economy of information [Trois essais en économie politique de l’information]," SciencePo Working papers Main tel-03537938, HAL.
    10. Elisa Mougin, 2021. "Three essays in the political economy of information [Trois essais en économie politique de l’information]," SciencePo Working papers tel-03537938, HAL.
    11. George Loewenstein & Zachary Wojtowicz, 2023. "The Economics of Attention," CESifo Working Paper Series 10712, CESifo.
    12. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2023. "Households' response to the wealth effects of inflation," SAFE Working Paper Series 400, Leibniz Institute for Financial Research SAFE.
    13. Link, Sebastian & Peichl, Andreas & Roth, Christopher & Wohlfart, Johannes, 2023. "Information frictions among firms and households," Journal of Monetary Economics, Elsevier, vol. 135(C), pages 99-115.
    14. Sebastian Link & Andreas Peichl & Christopher Roth & Johannes Wohlfart, 2023. "Attention to the Macroeconomy," CESifo Working Paper Series 10858, CESifo.
    15. Heiner Mikosch & Christopher Roth & Samad Sarferaz & Johannes Wohlfart, 2024. "Uncertainty and Information Acquisition: Evidence from Firms and Households," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(2), pages 375-405, April.
    16. Xavier Gabaix, 2017. "Behavioral Inattention," NBER Working Papers 24096, National Bureau of Economic Research, Inc.
    17. Peter Andrebriq & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2022. "Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples [Rationally Confused: On the Aggregate Implications of Information Provision Policies]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(6), pages 2958-2991.
    18. Bursztyn, Leonardo & Rao, Akaash & Roth, Christopher & Yanagizawa-Drott, David, 2020. "Misinformation during a Pandemic," The Warwick Economics Research Paper Series (TWERPS) 1274, University of Warwick, Department of Economics.
    19. Assenza, Tiziana, 2021. "The Ability to 'Distill the Truth'," TSE Working Papers 21-1280, Toulouse School of Economics (TSE), revised Mar 2022.
    20. Garz, Marcel & Sood, Gaurav & Stone, Daniel F. & Wallace, Justin, 2020. "The supply of media slant across outlets and demand for slant within outlets: Evidence from US presidential campaign news," European Journal of Political Economy, Elsevier, vol. 63(C).

    More about this item

    Keywords

    news consumption; information demand; click data; surveys;
    All these keywords.

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_10021. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.