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Media Bias

  • Sendhil Mullainathan
  • Andrei Shleifer

There are two different types of media bias. One bias, which we refer to as ideology, reflects a news outlet's desire to affect reader opinions in a particular direction. The second bias, which we refer to as spin, reflects the outlet's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 9295.

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Date of creation: Oct 2002
Date of revision:
Publication status: published as Sendhil Mullainathan & Andrei Shleifer, 2005. "The Market for News," American Economic Review, American Economic Association, vol. 95(4), pages 1031-1053, September.
Handle: RePEc:nbr:nberwo:9295
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