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Discussion Papers, Kellogg School of Management, Northwestern University >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/59681
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Germano, Fabrizio | | en_US |
| dc.contributor.author | | Meier, Martin | | en_US |
| dc.date.accessioned | | 2011-01-19 | | en_US |
| dc.date.accessioned | | 2012-07-12T12:34:27Z | | - |
| dc.date.available | | 2012-07-12T12:34:27Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/59681 | | - |
| dc.description.abstract | | Within a simple model of non-localized, Hotelling-type competition among arbitrary numbers of media outlets we characterize quality and content of media under different ownership structures. Assuming advertising-sponsored, profit-maximizing outlets, we show that (i) topics sensitive to advertisers can be underreported (self-censored) by all outlets in the market, (ii) self-censorship increases with the concentration of ownership, (iii) adding outlets, while keeping the number of owners fixed, may even increase self-censorship; the latter result relies on consumers' most preferred outlets being potentially owned by the same media companies. We argue that externalities resulting from self-censorship could be empirically large. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Northwestern Univ., Kellogg Graduate School of Management, Center for Mathematical Studies in Economics and Management Science Evanston | | en_US |
| dc.relation.ispartofseries | | Discussion Paper, Center for Mathematical Studies in Economics and Management Science 1518 | | en_US |
| dc.subject.jel | | L13 | | en_US |
| dc.subject.jel | | L82 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | media economics | | en_US |
| dc.subject.keyword | | media consolidation | | en_US |
| dc.subject.keyword | | media markets | | en_US |
| dc.subject.keyword | | advertising and commercial media bias | | en_US |
| dc.title | | Concentration and self-censorship in commercial media | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 644260025 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Discussion Papers, Kellogg School of Management, Northwestern University
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