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Demand for Slant: How Abstention Shapes Voters' Choice of News Media

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  • Santiago Oliveros
  • Felix Várdy

Abstract

Political commentators warn that the fragmentation of the modern media landscape induces voters to withdraw into ?information cocoons? and segregate along ideological lines. We show that the option to abstain breaks ideological segregation and generates ?cross-over? in news consumption: voters with considerable leanings toward a candidate demand information that is less biased toward that candidate than voters who are more centrist. This non-monotonicity in the demand for slant makes voters? ideologies non-recoverable from their choice of news media and generates disproportionate demand for media outlets that are centrist or only moderately biased. It also implies that polarization of the electorate may lead to ideological moderation in news consumption. Thus, our results cast doubt on the oft-prophesied, imminent demise of mainstream media and may help to explain recent empirical findings showing less ideological segregation in news consumption than predicted by extant theories.
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Suggested Citation

  • Santiago Oliveros & Felix Várdy, 2015. "Demand for Slant: How Abstention Shapes Voters' Choice of News Media," Economic Journal, Royal Economic Society, vol. 125(587), pages 1327-1368, September.
  • Handle: RePEc:wly:econjl:v:125:y:2015:i:587:p:1327-1368
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    File URL: http://hdl.handle.net/10.1111/ecoj.2015.125.issue-587
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    References listed on IDEAS

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    Cited by:

    1. Ozerturk, Saltuk, 2022. "Media access, bias and public opinion," European Economic Review, Elsevier, vol. 147(C).
    2. Piolatto, Amedeo & Schuett, Florian, 2015. "Media competition and electoral politics," Journal of Public Economics, Elsevier, vol. 130(C), pages 80-93.
    3. Gratton, Gabriele, 2014. "Pandering and electoral competition," Games and Economic Behavior, Elsevier, vol. 84(C), pages 163-179.
    4. Philipp Denter & Martin Dumav & Boris Ginzburg, 2021. "Social Connectivity, Media Bias, and Correlation Neglect," The Economic Journal, Royal Economic Society, vol. 131(637), pages 2033-2057.
    5. Mayank Aggarwal & Anindya S. Chakrabarti & Chirantan Chatterjee, 2023. "Movies, stigma and choice: Evidence from the pharmaceutical industry," Health Economics, John Wiley & Sons, Ltd., vol. 32(5), pages 1019-1039, May.
    6. Saptarshi Ghosh & Nidhi Jain & Cesar Martinelli & Jaideep Roy, 2019. "Swings, News, and Elections," Working Papers 1076, George Mason University, Interdisciplinary Center for Economic Science.
    7. Vladimir Novak & Andrei Matveenko & Silvio Ravaioli, 2021. "The Status Quo and Belief Polarization of Inattentive Agents: Theory and Experiment," Working Papers 674, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    8. Federico Vaccari, 2023. "Influential news and policy-making," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1363-1418, November.
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    10. Helios Herrera & Aniol Llorente-Saguer & Joseph C McMurray, 2019. "The Marginal Voter's Curse," The Economic Journal, Royal Economic Society, vol. 129(624), pages 3137-3153.
    11. Hulya Eraslan & Saltuk Ozerturk, 2018. "Information Gatekeeping and Media Bias," Koç University-TUSIAD Economic Research Forum Working Papers 1808, Koc University-TUSIAD Economic Research Forum.
    12. Piolatto, Amedeo & Schuett, Florian, 2015. "Media competition and electoral politics," Journal of Public Economics, Elsevier, vol. 130(C), pages 80-93.
    13. Joan Calzada & Nestor Duch-Brown & Ricard Gil, 2021. "Do search engines increase concentration in media markets?," UB School of Economics Working Papers 2021/415, University of Barcelona School of Economics.
    14. Guo, Wen-Chung & Lai, Fu-Chuan & Suen, Wing, 2018. "Downs meets d’Aspremont and company: Convergence versus differentiation in politics and the media," International Journal of Industrial Organization, Elsevier, vol. 60(C), pages 96-125.
    15. Garz, Marcel & Sörensen, Jil & Stone, Daniel F., 2020. "Partisan selective engagement: Evidence from Facebook," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 91-108.
    16. Sun, Junze & Schram, Arthur & Sloof, Randolph, 2021. "Elections under biased candidate endorsements — an experimental study," Games and Economic Behavior, Elsevier, vol. 125(C), pages 141-158.
    17. Sendhil Mullainathan & Andrei Shleifer, 2005. "The Market for News," American Economic Review, American Economic Association, vol. 95(4), pages 1031-1053, September.
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    19. Li, Anqi & Hu, Lin, 2023. "Electoral accountability and selection with personalized information aggregation," Games and Economic Behavior, Elsevier, vol. 140(C), pages 296-315.
    20. Eraslan, Hulya & Ozerturk, Saltuk, 2017. "Information Gatekeeping and Media Bias," Working Papers 17-001, Rice University, Department of Economics.

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