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Media as Watchdogs: The Role of News Media in Electoral Competition

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  • Jimmy Chan
  • Wing Suen

Abstract

We present a model in which the media provide voters with information that is tainted by their own preferences, and derive an equilibrium in which media endorsements influence voting behavior. Competition for media endorsement causes political parties to adopt more centrist policies, which benefits all voters. Mass media which are more sensitive to changes in policies and which are less biased lead to greater policy convergence toward the median voter's ideal point. The presence of multiple media outlets also helps promote electoral competition.

Suggested Citation

  • Jimmy Chan & Wing Suen, 2003. "Media as Watchdogs: The Role of News Media in Electoral Competition," Economics Working Paper Archive 497, The Johns Hopkins University,Department of Economics.
  • Handle: RePEc:jhu:papers:497
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    Cited by:

    1. Puglisi Riccardo, 2011. "Being The New York Times: the Political Behaviour of a Newspaper," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-34, April.
    2. John Duggan & César Martinelli, 2008. "The Role of Media Slant in Elections and Economics," Wallis Working Papers WP54, University of Rochester - Wallis Institute of Political Economy.
    3. Stone, Daniel F., 2013. "Media and gridlock," Journal of Public Economics, Elsevier, vol. 101(C), pages 94-104.
    4. John Duggan & Cesar Martinelli, 2008. "Rational Expectations and Media Slant," Levine's Bibliography 122247000000001844, UCLA Department of Economics.
    5. Takanori Adachi & Yoichi Hizen, 2014. "Political Accountability, Electoral Control and Media Bias," The Japanese Economic Review, Japanese Economic Association, vol. 65(3), pages 316-343, September.
    6. Corneo, Giacomo, 2006. "Media capture in a democracy: The role of wealth concentration," Journal of Public Economics, Elsevier, vol. 90(1-2), pages 37-58, January.
    7. Méon, Pierre-Guillaume & Minne, Geoffrey, 2014. "Mark my words: Information and the fear of declaring an exchange rate regime," Journal of Development Economics, Elsevier, vol. 107(C), pages 244-261.
    8. Pierre-Guillaume Méon & Geoffrey Minne, 2011. "Mark my Words: Information and the Fear of Declaring one’s Exchange Rate Regime," Working Papers CEB 11-040, ULB -- Universite Libre de Bruxelles.
    9. Ascensión Andina-Díaz, 2007. "Reinforcement vs. change: The political influence of the media," Public Choice, Springer, vol. 131(1), pages 65-81, April.
    10. Jiancai Pi, 2010. "Media Capture and Local Government Accountability," Prague Economic Papers, University of Economics, Prague, vol. 2010(3), pages 273-283.
    11. Wolton, Stephane, 2017. "Are Biased Media Bad for Democracy?," MPRA Paper 84837, University Library of Munich, Germany.
    12. repec:hrv:faseco:33078973 is not listed on IDEAS

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